Milwaukee Tool has a batch of material that originally cost $74,600. The material has...
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Milwaukee Tool has a batch of material that originally cost
$74,600
. The material has a scrap value of
$57,400
as\ is, but if reworked at a cost of
$1,500
, it could be sold for
$54,400
. What would be the financial advantage\ (disadvantage) of reworking and selling the material rather than selling it as is as scrap?
Milwaukee Tool has a batch of material that originally cost $74,600. The material has a scrap value of $57,400 as is, but if reworked at a cost of $1,500, it could be sold for $54,400. What would be the financial advantage (disadvantage) of reworking and selling the material rather than selling it as is as scrap
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