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Hip Manufacturing produces denim clothing. This year it produced 3,280 denim jackets at a cost of $98,400. These jackets were damaged in the warehouse during

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Hip Manufacturing produces denim clothing. This year it produced 3,280 denim jackets at a cost of $98,400. These jackets were damaged in the warehouse during storage. Management identlfied three alternatives for these jackets. 1. Jackets can be sold as scrap to a secondhand clothing shop for $19,680. 2. Jackets can be disassembled at a cost of $6,560 and sold to a recycler for $39,360. 3. Jackets can be reworked and turned into good jackets. The cost of reworking the Jackets will be $11,520, and the Jackets can then be sold for $147,600. Required: (1) Compute the income for each alternative. (2) Which altemative should be chosen

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