Curtis Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for October:

During October, 6,000 components were completed. There is no beginning or ending WIP in any department.

Required:
1. Prepare a schedule showing, for each department, the cost of direct materials, direct labor, applied overhead, product transferred in from a prior department, and total manufacturing cost.
2. Calculate the unit cost.

Transcribed Image Text:

Direct materials Direct labor Applied overhead Molding Department $71,600 4,600 7,000 Grinding Department $7,600 11,200 54,400 Finishing Department $4,900 7,600 7,600