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HW? Waterway Industries has several outdated computers that cost a total of $17000 and could be sold as scrap for $5000. They could be updated
HW?
Waterway Industries has several outdated computers that cost a total of $17000 and could be sold as scrap for $5000. They could be updated for an additional $2400 and sold. If Waterway updates the computers and sells them, net income will increase by $9000. What amount would be considered sunk costs? $9000 O $19400 517000 $2400 Question 16 of 40 - 73.75 Sheridan Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $440000 $140000 $65000 $645000 295000 80000 58000 433000 Variable expenses Contribution margin Fixed expenses 145000 60000 7000 212000 75000 35000 22000 132000 Net income (loss) $70000 $ 25000 $(15000) $80000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? 595000 $73000 Step by Step Solution
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