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Differential Analysis: The Steel Can Company has 200,000 obsolete cans in inventor) at a cost of $10,000. The cans can be cut in half to
Differential Analysis: The Steel Can Company has 200,000 obsolete cans in inventor) at a cost of $10,000. The cans can be cut in half to make candle holders for $2,000. The candle holders can be sold for $3,000 in total. If the cans are scrapped, they could be sold for $400. Which alternative should the Steel Can Company accept and what is the relevant profit from each alternative
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