Required information (The following information applies to the questions displayed below.) Armstrong Corporation manufactures bicycle parts. The company currently has a $18,400 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $6,200, or modified for $9,000 and sold for $19,500. Required: 1. Identify the relevance of the data given in the exercise to the decision about what to do with the obsolete parts. Current sales value for unmodified parts Sales value for modified parts Modification costs Current book value of inventory Required information [The following information applies to the questions displayed below.] Armstrong Corporation manufactures bicycle parts. The company currently has a $18,400 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $6,200, or modified for $9,000 and sold for $19,500. 2-a. Calculate the benefit under each alternative for disposing of the obsolete parts. 2.b. How should the obsolete parts be disposed? Complete this question by entering your answers in the tabs below. Req 2A Req 2B Calculate the benefit under each alternative for disposing of the obsolete parts. Benefit if parts are sold without modification Net benefit if parts are sold after being modified Reg 2A Req 2B> Required information [The following information applies to the questions displayed below.) Intercontinental Chemical Company, located in Buenos Aires, Argentina, recently received an order for a product it does not normally produce. Since the company has excess production capacity, management is considering accepting the order. In analyzing the decision, the assistant controller is compiling the relevant costs of producing the order. Production of the special order would require 9,200 kilograms of theolite. Intercontinental does not use theolite for its regular product, but the firm has 9,200 kilograms of the chemical on hand from the days when it used theolite regularly. The theolite could be sold to a chemical wholesaler for 15,400 p. The book value of the theolite is 3.60 p per kilogram. Intercontinental could buy theolite for 4.00 p per kilogram. (p denotes the peso, Argentina's national monetary unit. Many countries use the peso as their unit of currency. On the day this exercise was written, Argentina's peso was worth 104 U.S. dollar.) Required: 1-a. What is the relevant cost of theolite for the purpose of analyzing the special-order decision? 1-b. The relevant cost of theolite for the purpose of analyzing the special-order decision is an example of Complete this question by entering your answers in the tabs below. Req 1A Reg 1B What is the relevant cost of theolite for the purpose of analyzing the special-order decision? Relevant cost Req 1A Reg 1B >