No reply ?
I've done a number of do i restore to new or just enough to get it back to field condition. Alot depends on metal condition, is it pitted..... how much ?
The wood, is it cracked, small or large, and does it have the blackened finish curse. Or did it have a sprayed on glossy finish ?
Its a blank canvas and a blank check. Your decision dictates the amount ? I Did a NOW factory fresh H&R Topper single shot . . . . total $ apx $300 (years ago)
But it is . . . better than new now. And I'm doing a get by refinish on a rusted Discount store Ranger / Model 29 . . . . total will be apx $ 150

So basically what to do with wood and metal depends on current condition and . . . . how far you want to go $ !
And what can you do to contribute to end product and keep cost down. I do all my own wood refinish, metal fitting and stripping, disassembly & reassembly.
Don't have hot tanks so that all has to go out.

be safe out there people !