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Vehicle Accessories has an inventory of 490 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $80, 360. Production supervisor
Vehicle Accessories has an inventory of 490 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $80, 360. Production supervisor Sandy Lewis must decide to do one of the following: Process the inventory further at a cost of $23,000, with the expectation of selling it for $35,000 Scrap the inventory for a sales price of $3, 500 What should Lewis do? Present figures to support your decision. Prepare the Sell or Process Further analysis. (Enter a "0'' for any zero amounts. Use a minus sign or parentheses when the scrap amount exceeds the process further amount.) Lewis should, because processing further will operating income by $
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