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Testbank, Question 94 Namov Company has old inventory on hand that cost $12,000. Its scrap value is $16,000. The inventory could be sold for $38,000

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Testbank, Question 94 Namov Company has old inventory on hand that cost $12,000. Its scrap value is $16,000. The inventory could be sold for $38,000 if manufactured further at an additional cost of $12,000. What should Narst do? Sell the inventory for $16,000 scrap value. Dispose of the inventory to avoid any further decline in value. Hold the inventory at its $12,000 cost Manufacture further and sell it for $38,000

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