PLEASE SHOW YOUR Wenig Inc. has some material that originally cost $73,500. The material has...
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Wenig Inc. has some material that originally cost $73,500. The material has a scrap value of $45,600 as is, but if reworked at a cost of $6,600, it could be sold for $58,100. What would be the incremental effect on the companys overall profit of reworking and selling the material rather than selling it as is as scrap?
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