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Ahngram Corp. has 1,000 defective units of a product that cost $2.70 per unit in...

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Accounting

Ahngram Corp. has 1,000 defective units of a product that cost $2.70 per unit in direct costs and $6.20 per unit in indirect cost when produced last year. The units can be sold as scrap for $3.70 per unit or reworked at an additional cost of $2.20 and sold at full price of $11.10. The incremental net income (loss) from the choice of reworking the units would be:

Multiple Choice

  • $3,700.

  • $0.

  • ($2,200).

  • $8,900.

  • $2,200.

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