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Milwaukee Tool has a batch of material that originally cost $74,600. The material has...

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Question

Accounting

Milwaukee Tool has a batch of material that originally cost

$74,600

. The material has a scrap value of

$57,400

as\ is, but if reworked at a cost of

$1,500

, it could be sold for

$54,400

. What would be the financial advantage\ (disadvantage) of reworking and selling the material rather than selling it as is as scrap?

image
Milwaukee Tool has a batch of material that originally cost $74,600. The material has a scrap value of $57,400 as is, but if reworked at a cost of $1,500, it could be sold for $54,400. What would be the financial advantage (disadvantage) of reworking and selling the material rather than selling it as is as scrap

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