Marco mistakenly made 1,150 defective bikes. The bikes cost $69 each to make. A salvage company decided to purchase the defective bikes as is for $31 each. It would cost Marco $88 per bike to rework the bikes. If Marco rework the bikes, he could sell them for $132 each. No opportunity cost is associated with reworking the bikes. What is the incremental net income from reworking the bikes.

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Answer To find the incremental net income from reworking the bikes we need to compare the income fro... View the full answer