Question: PROBLEM 1 FAITH BIRD CORP. has some material that originally cost P74,600. The material has a scrap value of P57,400 as is, but if reworked

PROBLEM 1 FAITH BIRD CORP. has some material that originally cost P74,600. The material has a scrap value of P57,400 as is, but if reworked at a cost of P1,500, it could be sold for P54,400. What w...

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