Alternatively the keyboards could be sold as is for 700000


Problem

The Manassas company HAS 55 OBSELETE KEYBOARDS THAT ARE CARRIED IN INVENTORY AT A COST OF $9600.00. If these keyboards are upgraded at a cost of $6,700.00, they could be sold for $19,400. Alternatively, the keyboards could be sold "as is" for $7,000.00. What is the net advantage or disadvantage of re-working the keyboards?

Solution Preview :

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Accounting Basics: Alternatively the keyboards could be sold as is for 700000
Reference No:- TGS02579079

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