What is the net advantage or disadvantage of reworking

Assignment Help Financial Accounting
Reference no: EM132921225

Question - The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. If these keyboards are upgraded at a cost of $7,500, they could be sold for $19,600.

Alternatively, the keyboards could be sold "as is" for $7,500.

What is the net advantage or disadvantage of reworking the keyboards?

Reference no: EM132921225

Questions Cloud

Disaster recovery plan : Develop a disaster recovery plan (DRP) for recovering from a major incident or disaster affecting the organization.
Discuss the major movement of the biblical metanarrative : Discuss the major movement of the biblical metanarrative, its main character, and its implications for understanding the unity of the biblical books.
What role does magic play in contemporary societies : What role does magic play in contemporary societies? Why has magic has continued to survive in spite of dramatic gains in scientific knowledge?
What is absolutely true beyond a doubt : What is absolutely true beyond a doubt. Think about your own beliefs - is there anything that you (think you) know with absolute certainty?
What is the net advantage or disadvantage of reworking : The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. What is the net advantage or disadvantage of reworking
Comparing security architecture and design coursework : Essay comparing security architecture and design coursework to professional work and explain how the coursework relates to professional work
How the three theoretical perspectives of sociology : How the three theoretical perspectives of sociology (Structural Functional Theory, Conflict Theory, and Symbolic Interaction) has an effect on COVID-19
How much cash after taxes would andrea receive : How much cash after taxes would Andrea receive from her investment in the first year if SHO is organized as an LLC
Hemmatian on classification techniques : Discuss the various concepts and techniques of opinion mining and the importance to transforming an organizations NLP framework.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate break-even point expressed in terms of total sales

Calculate the break-even point expressed in terms of total sales dollars and sales volume. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $75,000.

  What accounts should be credited to record issuance

The cost method is used in accounting for treasury shares. What accounts and amounts should be credited to record the issuance of the 30,000 shares?

  What are some of the tests of a sound or healthy long-term

What are some of the tests of a sound? What are some of the indications of satisfactory short-term solvency or working capital position of a business firm?

  Total budgeted cash receipts for the second quarter

Billings Rail Company’s sales for the next five months are as follows: February $175,000 March $160,000 April $145,000 May $135,000 June $130,000 Collection history for the company indicates that 50% of sales are collected in the month of the sale, 3..

  What are four key internal controls for acquisition cycle.

Describe factors the auditor should consider in developing an expectation for depreciation while performing substantive analytical procedure for depreciation

  Determine the cost of each capital component

Determine the cost of each capital component. New preferred stock with a dividend of $11 can be sold to the public at a price of $95 per share.

  Determine the interest expense

Determine the interest expense has accrued on the bank loan and By what amount will the book value of the office equipment decline after the appropriate December adjustment is recorded?

  Offers many different types of checking accounts

Beller Financial is a banking services company that offers many different types of checking accounts. The bank has recently adopted an activity-based costing system to assign costs to their various types of checking accounts. Calculate the overhead c..

  Contributed personal-use property to rst partnership

Ray contributed personal-use property to the RST Partnership in exchange for 25% interest. At the time of the contribution, the property had an adjusted basis of $10,000 and a FMV of $5,000. What is RST Partnership's basis in the property?

  What is the npv of the project for symon meats

If the tax rate is 30 percent and the discount rate is 8 percent, what is the NPV of this project? (Do not round intermediate calculations)

  Accounts would be increased with a debit

Which of the following accounts would be increased with a Debit?

  Total profit or loss at the end of the trading period

You are short 25 gasoline futures contracts, established at an initial settle price of $2.46 per gallon, where each contract represents 42,000 gallons. Over the subsequent four trading days, gasoline settles at $2.42, $2.47, $2.50, and $2.56, respect..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd