Chapter 25-H Exercise 25-22 Scrap or rework LO A1 Varto Company has 11,200 units of its sole product in inventory that it produced last year at a cost of $28 each. This year's model is superior to last years, and the 11,200 units cannot be sold at last year's regular selling price of $47 each. Varto has two alternatives for these items: (1) they can be sold to a wholesaler for $14 each, or (2) they can be reworked at a cost of $230,000 and then sold for $34 each. Prepare an analysis to determine whether Varto should sell the products as is or rework them and then sell them. points Print