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Accounting

Armstrong Corporation manufactures bicycle parts. The company currently has a $19,500 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,000 or modified for $10,000 and sold for $20,300.

Required:

1. Which of the data above are relevant to the decision about the obsolete parts?

2. Prepare an analysis of the decision.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M982075

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