Process costs Washington Chemical Company manufactures and sells Goody, a LOG product that sells for $10 per pound. The manufacturing process also yields one pound of a waste product called Baddy in the production of every 10 pounds of Goody. Disposal of the waste product costs $1 per pound. During March, the company manufactured 200,000 pounds of Goody. Total manufacturing costs were as follows:

Determine the cost per pound of Goody.

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Direct materials Direct labor Manufacturing support costs Total costs $232,000 120,000 60,000 $412,000