Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pls answer fast & correct, ill rate good hip

pls answer fast & correct, ill rate good Hip Manufacturing produces denim clothing. This...

90.2K

Verified Solution

Question

Accounting

imagepls answer fast & correct, ill rate good

Hip Manufacturing produces denim clothing. This year it produced 3,340 denim jackets at a cost of $100,200. These jackets were damaged in the warehouse during storage. Management identified three alternatives for these jackets. 1. Jackets can be sold as scrap to a secondhand clothing shop for $20,040. 2. Jackets can be disassembled at a cost of $6,680 and sold to a recycler for $40,080. 3. Jackets can be reworked and turned into good jackets. The cost of reworking the jackets will be $113,560, and the jackets can then be sold for $150,300. Required: (1) Compute the income for each alternative. (2) Which alternative should be chosen

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1.) A can of soft drink consists of CO2 dissolved in water and a vapor space...

Chemistry
Q

A particle of mass m is confined to a finite potential energy well of width L....

Physics
Q

Question 38 If one strand of a DNA molecule has the sequence ATTGCA the other...

Biology
Q

Note the following binomial expression.(3x + 3y)The expansion of this binomial has 4 terms. How...

Calculus
Q

Let f(x) = arcsec (e-2)Determine the derivative of f.f'(x) =Determine the interval(s) on which f...

Calculus
Q

Factor each monomial completely 13 10a 15 28pq2 19 30 48 Find the GCF of...

Algebra
Q

The accountant of ABC Limited has prepared the following unadjusted trial balance of ABC Limited...

Accounting
Q

On January 1, 2024, Tropical World issues $40.2 million of 7% bonds, due in 10...

Accounting
Q

Franklin Company uses activity-based costing, and normally produces 1,000,000 units per month. At this level...

Accounting
Q

These are our reference questions for the upcoming test, please provide detailed explanation and formulas...

Accounting
Q

What lump sum do parents need to deposit in an account earning 11%, compounded monthly,...

Accounting
Q

You are trying to decide between two mobile phone carriers. Carrier A requires you to...

Accounting