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Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $39,000 and a remaining useful life of five years, at which time its salvage value will be zero. It has a current market value of $49,000. Variable manufacturing costs are $33,900 per year for this machine. Information on two alternative replacement machines follows.
Alternative A Alternative B
Cost $115,000 $111,000
Variable manufacturing costs per year 22,200 10,300
Question 1. Calculate the total change in net income if Alternative A is adopted.
Question 2. Calculate the total change in net income if Alternative B is adopted.
Question 3. 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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