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The top two box have the same options. The remainder of the boxes need to be filled in with numerical values. Gilday Company has 9,000
The top two box have the same options. The remainder of the boxes need to be filled in with numerical values.
Gilday Company has 9,000 obsolete lamps carried in inventory at a cost of $11.00 each. They can be sold as they are for $3.60 each. They can be reworked, however, at a total cost of $28,800 and sold for $10.00 each. Requirement Determine whether it is worthwhile to rework these lamps First determine the formula to calculate the net return under each alternative, then calculate the net return under each alternative. (Complete all input cells. Enter a "0" for amounts with a zero balance.) Net return Sell as is Sell after rework Additional cost per unit Inventory cost per unit Sales price per unitStep by Step Solution
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