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Bramble Corp. has old inventory on hand that cost $10500. Its scrap value is $14000. The inventory could be sold for $35000 if manufactured further
Bramble Corp. has old inventory on hand that cost $10500. Its scrap value is $14000. The inventory could be sold for $35000 if manufactured further at an additional cost of $10500. What should Bramble do? Dispose of the inventory to avoid any further decline in value Hold the inventory at its $10500 cost Sell the inventory for $14000 scrap value O Manufacture further and sell it for $35000 Swifty Corporation reported the following information for the current year: Sales (46000 units) $920000, direct materials and direct labor $460000, other variable costs $46000, and fixed costs $360000. What is Swifty's contribution margin ratio? 55%. 45%. 30%. 70%. Sunland Company produces face cream. Each bottle of face cream costs $9 to produce and can be sold for $11. The bottles can be sold as is, or processed further into sunscreen with an additional cost of $13 each. Sunland Company could sell the sunscreen bottles for $17 each. O Face cream must not be processed further because costs increase more than revenue. Face cream must be processed further because its profit is $4 each. Face cream must be processed further because it increases profit by $2 each. O Face cream must not be processed further because it decreases profit by $5 each
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