QUESTION 2 4.05405 points Janssen Company has old inventory on hand that cost $24,000. Its scrap value is $32,000. The inventory could be sold for $80,000 if manufactured further at an additional cost of $24,000. What should Janssen do? O Sell the inventory for $32,000 scrap value O Dispose of the inventory to avoid any further decline in value O Hold the inventory at its $24,000 cost O Manufacture further and sell it for $80,000. QUESTION 3 4.05405 points S Which of the following statements about a budgeted income statement is not true? O The budgeted income statement is prepared after the financial O The budgeted income statement is prepared on the accrual basis O The budgeted income statement can be prepared in a multiple- O The budgeted income statement is prepared using the individual budgets are prepared of accounting step format operating budgets. QUESTION 4 4.05405 points Save Click Save and Submit to save and submit. Click Save All Answers to save all an Save All Answers Save and Type here to search