What is the total estimated manufacturing cost

Assignment Help Cost Accounting

Reference no: EM13184783

Base your answer on the following data from Ryder Furniture Corporation for October.

Ryder Furniture Corporation for October
Quantity
Work in Process - Beginning	- 0 -
Started in Production - Current Month	3,500
Transferred Out to Next Department	3,200
By-Product Removed	300
Work in Process - Ending	- 0 -
Common Costs
Materials	$59,850
Labor	15,400
Overhead	11,200
Total	$86,450
Additional Processing of By-Product
Materials	$ 3,630
Labor	1,905
Overhead	1,275
Total	$ 6,810
Other Data
Sales Price of By-Product	$40.00 per unit
Selling and Administrative Costs	10 percent of sales
Normal Net Profit	5 percent of sales

What is the total estimated manufacturing cost of the by-product using the reversal cost method?

What is the estimated manufacturing cost before separation, using the reversal cost method?

Reference no: EM13184783

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