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Jasper Joints has 1,000 obsolete joints on hand. These units were produced a year ago at a cost of $10,000. The units could be scrapped

Jasper Joints has 1,000 obsolete joints on hand. These units were produced a year ago at a cost of $10,000. The units could be scrapped for $1,000 or reworked for $2,000 and sold for $5,000. Which alternative is desirable and why?

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