Question
A company has inventory that cost $50,000. its scrap value is $65,000. The inventory could be sold for $150,000 if manufactured further at an additional
A company has inventory that cost $50,000. its scrap value is $65,000. The inventory could be sold for $150,000 if manufactured further at an additional cost of $80,000.
What should this company do?
I got the answer of 65,000 which is incorrect, so I wanted to know how $150,000 is correct. Thank you.
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins
4th Edition
0073527092, 978-0073527093
