Parts for a line of glue guns


A company has an inventory of 1000 assorted parts for a line of glue guns that have been discontinued. The inventory cost is $60,000. The parts can be either remachines at a total addl costs of $20,000 and then sold for $25,000 or sold as scrap for $2000 Which action should be taken and why?

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Accounting Basics: Parts for a line of glue guns
Reference No:- TGS0680477

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