Marigold Corp. has inventory on hand that cost $15100. Its scrap value is $24000. The inventory could be sold for $65000 if manufactured further at an additional cost of $15200. What should Marigold do? O Dispose of the inventory to avoid any further decline in value O Manufacture further and sell it for $65000 O Sell the inventory for $24000 scrap value O Hold the inventory at its $15100 cost

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720.000. If these calculators are upgraded at a total cost of $110.000, they can be sold for a total of $170,000 As an alternative, the calculators can be sold in their present condition for $50,000 Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition? Multiple Choce $770 per calculator Sho per calculat $230 per calculator

Given the historical cost of product Dominoe is $37, the selling price of product Dominoe is $40, costs to sell product Dominoe are $2, the replacement cost for product Dominoe is $36, and the normal profit margin is 20% of sales price, what is the amount that should be used to value the inventory under the lower-of-cost-or-market method?

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Basiclang Company is assessing whether to sell its unused car parts for P27,000. The parts were previously purchased for P100,000. The company will incur refurbishing costs of P15,000 to be able to sell them. Which alternative should the company pursue? O The company is indiferrent O Sell, there is an incremental benefit of P27,000 O Don't sell, it will incur a loss of P73,000 O Sell, there is an incremental benefit of P12,000

On January 1, 2020, CDO Corporation determined to sell a group of assets within its shoe manufacturing division, as it believed it was cheaper to buy the parts from China. The assets that it wanted to sell had the following carrying amounts: Factory P22,000,000 Accumulated depreciation. Raw materials (12.000.000) 3.800,000 2.200,000 The management of CDO calculated the fair value less costs to sell of the disposal group to be P14.400,000 Spare parts The assets were sold on February 15, 2020 for P15.400,000, with selling costs amountinit to P700.000 The following balances have been excerpted from Tito Piccolo's statement of financial position: December 31 January 1 Prepaid Insurance 6,000 P 7,500. Interest Receivable Salaries Payable 3,700 61.500 53,000 14.500 Accounts Receivable 550.000 415,000 25,000 Allowance for bad debts i 40,000 Tito Piccolo Company reported the following during 2020 the following items: Insurance premiums paid 41,500 Interest collected 123.500 Salaries paid Sales…

The Tolar Corporation has 300 obsolete desk calculators that are carried in inventory at a total cost of $432,000. If these calculators are upgraded at a total cost of $120,000, they can be sold for a total of $180,000. As an alternative, the calculators can be sold in their present condition for $30,000. Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition? O $40 per calculator O $154 per calculator O $500 per calculator O $90 per calculator

Ouzts Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below:     Alternative A   Alternative B Materials costs $ 49,000   $ 64,700 Processing costs $ 44,900   $ 44,900 Equipment rental $ 15,500   $ 15,500 Occupancy costs $ 17,400   $ 26,100     What is the financial advantage (disadvantage) of Alternative B over Alternative A?  Garrison_16e_Rechecks_2019_10_10   Multiple Choice   $126,800   $(24,400)   $151,200   $(139,000)

The Tingey Company has 500 obsolete microcomputers that are carried in inventory at a total cost of £720,000. If these microcomputers are upgraded at a total cost of £100,000, they can be sold for a total of £160,000. As an alternative, the microcomputers can be sold in their present condition for £50,000.The sunk cost in this situation is:

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calculators are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. As an alternative, the calculators can be sold in their present condition for $40,000. What is the financial advantage (disadvantage) to the company from upgrading the calculators? Multiple Choice $20,000 $(560,000) $120,000 $(60,000