Armstrong Corporation manufactures bicycle parts. The company currently has a $20,100 inventory of parts that...
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Armstrong Corporation manufactures bicycle parts. The company currently has a $20,100 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,600, or modified for $10,600 and sold for $21,500.
| 1. Calculate the benefit under each alternative for disposing of the obsolete parts. | |
Benefit if parts are sold without modification:
Net benefit if parts are sold after being modified:
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