What is the total estimated manufacturing cost

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

Questions Cloud

Stretching mode of a contaminate manganese chloride species : The peak was assigned as a Mn-Cl stretching mode of a contaminate manganese chloride species. Why would you expect this to be an erroneous assignment? Suggest a more likely source of this IR absorption.

Define the u.s. market for wine under free trade : The world price of wine is below the price that would prevail in the United States in the absence of trade. a.) Assuming that American imports of wine are a small part of total world wine production, draw a graph for the U.S. market for wine under ..

Define the atmospheric pressure : What is the absolute pressure in a lake 90.00 meters under water (? = 1.00 g/mL) when the atmospheric pressure is 101.325 kPa?

State standard conditions by using bond enthalpies : estimate the enthalpy change for the reaction between 1 mol c2h5oh as liquid ethanol, a fuel made by fermenting corn, and o2 to yield co2 and h2o under standard conditions by using bond enthalpies,

What is the total estimated manufacturing cost : What is the total estimated manufacturing cost of the by-product using the reversal cost method and what is the estimated manufacturing cost before separation, using the reversal cost method?

How much bush era tax cuts on upper income tax payers : Why did president Obama want to repeal the Bush era tax cuts on upper income tax payers How would the repeal of these tax cuts impact aggregate demand and to what degree How did the economic conditions in 2010 make such a repeal less likely to tak..

State the original concentration of glucose : The original concentration of Glucose-6-phosphate is 0.25 M, but when the system reaches equilibrium, only 2.5% of the original glucose-6-phosphate remains. calculate the Keq.

Find out the molar mass of an unknown solid : The bp of the solution was 104.3C when 40 g was dissolved in 150mL of water. I lose points if I am more than 5% off. Any ideas what the actual substance might have been? Keep in mind this is a college gen chem lab.

What are the internal channels of distribution : Completion of import documents needed for entry into the U.S. to include the tariff classification number and impacted duty rates or fees. Potential dumping issues (i.e. predatory pricing with knockoff products: when manufacturers export a product..

User Account

All Pages