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Hip Manufacturing produces denim clothing. This year it produced 3,400 denim jackets at a cost of $102,000. These jackets were damaged in the warehouse during

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Hip Manufacturing produces denim clothing. This year it produced 3,400 denim jackets at a cost of $102,000. These jackets were damaged in the warehouse during storage Management identified three alternatives for these jackets 1. Jackets can be cold as scrap to a secondhand clothing shop for $20,400. 2. Jackets can be disassembled at a cost of $6,800 and sold to a recycler for $40,800 3. Jackets can be reworked and turned into good jackets. The cost of reworking the jackets will be $115,600, and the jackets can then be sold for $153,000 Required: (1) Compute the income for each alternative (2) Which alternative should be chosen

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