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The Primrose Company has 14,000 units of obsolete inventory. The units originally cost $7,000. The company can either sell them for scrap at $0.30 per
The Primrose Company has 14,000 units of obsolete inventory. The units originally cost $7,000. The company can either sell them for scrap at $0.30 per unit or they can invest $3,000 to be able to sell them at a price of $0.65 per unit. With regard to this decision, relevant costs or benefits include:
Group of answer choices
$3,000 and $7,000 only.
$7,000 only
$3,000 and $0.30 per unit only.
$0.30 per unit, $.65 per unit, and $3,000.
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