Legendary Motors has 7,000 defective autos on hand, which cost $12,880,000 to manufacture. Legendary can either sell these defective autos as scrap for $8,000 per auto, or spend an additional $18,320,000 on repairs and then sell them for $12,000 per unit. What is the net advantage to repair the autos compared to selling them for scrap?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Legendary Motors has 7,000 defective autos on hand, which cost $12,880,000 to manufacture. Legendary can either sell these defective autos ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Joe is a single man whose salary is $40,000 per year. Based on the tax table below, how much does he need to contribute to his employer's 401 (k) in order to fall into a lower tax bracket? A. $1500 B. $6050 C. $4000 D. $8350
Answers (1)
Hayes Corporation has $290 million of common equity on its balance sheet and 5,000,000 shares of common stock outstanding. The company's Market Value Added (MVA) is $165 million. What is the company's stock price?
Answers (1)
What would you need to consider if you were the purchaser of your company's office supplies
Answers (1)
One of the advantages of communicating through email rather than through letters and telephone calls is A. proper punctuation isn't necessary. B. flexibility in terms of sending and receiving messages. C.
Answers (2)
Romeo Corporation reports the following for the year: Finished goods inventory, January 1 $ 3,200 Finished goods inventory, December 31 4,000 Total cost of goods sold 14,200 The cost of goods manufactured for the year is: A. $21,400 B. $11,000 C.
Answers (1)
New Questions in Business
Which type of unemployment is caused by a lack of demand for workers as a result of a shrinking economy?
Answers (1)
Actionable performance measures should be meaningful to a company's management and should provide the basis for decisions at the strategic level in an organization. A. True B. False
Answers (1)
In what countries is it important to keep a certain distance from the person you are greeting?
Answers (1)
If a company is using the accrual basis accounting method, when should it record its earned revenue? a. when cash is received, even though services may be rendered at a later date b.
Answers (1)
The primary difference between a podcast and a webinar is : Group of answer choices podcasts require more preparation. a webinar is akin to an online radio show. webinars are easier to optimize for search engines.
Answers (1)