Longview Baskets has in its inventory 2.200 damaged baskets that cost $22.000 The baskets can be...

Question

Question

Answer 1

Answer #1

SOLUTION

Option A is correct, i.e. $20,000

Selling price after repair	$38,000
Repair cost	$18,000
Opportunity cost of selling basket in present condition	$20,000

Answer 2

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