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Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $35,000 and a remaining useful life of five years, at which time its salvage value will be zero. It has a current market value of $45,000. Variable manufacturing costs are $33,600 per year for this machine.
Information on two alternative replacement machines follows. Alternative A Cost - $121,000Alternative B Cost - $118,000 Variable manufacturing costs per year
Alt A - $22,800
Alt B - $10,800
Problem 1: Calculate the total change in net income if Alternative A, B is adopted. Should Xinhong keep or replace its manufacturing machine? If the machine should be replaced, which alternative new machine should Xinhong purchase?
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