Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
question from my study guide. i dont undertand how the profit and loss is found. also do the other number I put in look right.
question from my study guide. i dont undertand how the profit and loss is found. also do the other number I put in look right. thanks! More Parts Liquidatos specializes in buying excess parts inventories for resale or to incorporate into other products. They recently purchased parts for $120,000 and they have a buyer willing to pay $144,000. The company can also incorporate these parts into a new product at a cost of S90.000 and sell the new product for $228,000. What should More Parts Liquidators do Incremental 84 000 Sales Revue Cost of Parts Additional Costs Profit loss Parts Only 144.000 (120.000) 0 24.000 New Product Parts 228.000 (120.000 190.000) -90.000 More Parts should More Parts Liquidatos specializes in buying excess parts inventories for resale or to incorporate into other products. They recently purchased parts for $120,000 and they have a buyer willing to pay $144,000. The company can also incorporate these parts into a new product at a cost of S90.000 and sell the new product for $228,000. What should More Parts Liquidators do Incremental 84 000 Sales Revue Cost of Parts Additional Costs Profit loss Parts Only 144.000 (120.000) 0 24.000 New Product Parts 228.000 (120.000 190.000) -90.000 More Parts should
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started