Nicholls Corp. has some materials that originally cost $74,600. The materials have a scrap value...
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Nicholls Corp. has some materials that originally cost $74,600. The materials have a scrap value of $57,400 as is, but if reworked at a cost of $3,500, could be sold for $59,700. Should the consider rework and sell the materials or should it sell it as scrap? Why?
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