Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sheffield, inc. has 10200 obsolete calculators, wh

Sheffield, Inc. has 10200 obsolete calculators, which are carried in inventory at a cost of...

90.2K

Verified Solution

Question

Accounting

Sheffield, Inc. has 10200 obsolete calculators, which are carried in inventory at a cost of $20800. If the calculators are scrapped, they can be sold for $1.20 each (for parts). If they are repackaged, at a cost of $14700, they could be sold to toy stores for $2.50 per unit. What alternative should be chosen, and why?

Scrap; incremental loss is $8560

Repackage; receive operating income of $10800

Scrap; operating income is $1440 greater

Repackage; revenue is $6100 greater than cost

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

how would you control the particle size in reverse micelle method?

Chemistry
Q

A transect is an archaeological study area that is 1/5 mile wide and 1 mile long....

Basic Math
Q

Match each word phrase with its description Primary pollutant Thermal inversion Acid precipitation Secondary pollutant...

Biology
Q

A conducting ring of radius r and resistance R is moving downward with a constant...

Physics
Q

Find an angle with 0 < ? < 360 that has the same:Sine function value...

Basic Math
Q

Question 9 of 10 1 point Attempt 5 of Unlimited Find the bearing of the...

Calculus
Q

Transaction # Dr Account # Dollar Amount ...

Accounting
Q

w2 Acct The Deweys are expecting to save on their taxes for 2014. Not only...

Accounting
Q

1. Prepare in good format, an income statement. 2. Prepare in good format, a statement...

Accounting
Q

Question 2 Crane Ltd. has these transactions related to intangible assets and goodwill in 2018,...

Accounting
Q

The following balances were extracted from the books of Samurai Sdn Bhd for the year...

Accounting
Q

EXERCISE 7-15 Calculating and Interpreting Activity-Based Costing Data [L03, LO4] Hiram's Lakeside is a popular...

Accounting