Question: I need help with this accounting question asap. I will give good rating!!! Hip Manufacturing produces denim clothing. This year it produced 3,000 denim jackets
I need help with this accounting question asap. I will give good rating!!!
Hip Manufacturing produces denim clothing. This year it produced 3,000 denim jackets at a cost of $90,000. These jackets were damaged in the warehouse during storage. Management identified three alternatives for these jackets. Problem 23-2A screp or rework P2 1. Jackets can be sold as scrap to a secondhand elothing kbop for $18,000. 2. Jackets can be disasiembled at a cost of $6,000 and wold to a recycler for $36,000. 3. Jackets can be reworked and turned into good jackets. The cost of reworking the jackets will be $102,000, and the jackets can then be sold for $135,000. Required (1) Compute the income for each aliernative, (2) Which alternative should be chosen
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