E6- 15 Making a journal entry-by-product etrone Metals manufactures tin. During the process, a by- product-scrap metal-is obtained and placed in stock. The esti- mated sales value of the scrap metal produced during April is $2,000. Assume that the value of the by-product is treated asa reduction in production cost. Sin Recall a Make the journal entry for April to record the following Placing of the scrap metal in stock Sale of one-half of the scrap metal for $850, on account a. b