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Corral Corporation is experiencing errors with inventory tracking. Incorrect tracking causes errors in inventory balances...

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Accounting

Corral Corporation is experiencing errors with inventory tracking. Incorrect tracking causes errors in inventory balances and the financial statements. To make corrections cost the company $450,000 in labor and processing. Adding an improved cost center system for an amount of $100,000, would reduce the likelihood down by 70% from the current likelihood of 40%. Answer following results of cost/benefit analysis.

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