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Ryder… Show more Base your answer on the following data fr

Paper help Economics Ryder… Show more Base your answer on the following data fr

Economics

Ryder… Show more Base your answer on the following data fr

Ryder… Show more Base your answer on the following data from Ryder Furniture Corporation for October. 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? • Show less

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