Question

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these c

0 1
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

Calculating Financial Advantage or ( Disadvantage ) Particulars Amout Sale after upgrade $ 230,000 Sale at present condition

Add a comment
Know the answer?
Add Answer to:
The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total...

    The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $110,000, they can be sold for a total of $170,000. As an alternative, the calculators can be sold in their present condition for $50,000. What is the financial advantage (disadvantage) to the company from upgrading the calculators?

  • The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total...

    The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $110,000, they can be sold for a total of $170,000. As an alternative, the calculators can be sold in their present condition for $50,000. What is the financial advantage (disadvantage) to the company from upgrading the calculators? A) $120,000 B) ($60,000) C) $10,000 D) ($670,000)

  • The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total...

    The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calculators are upgraded at a total cost of $110,000, they can be sold for a total of $170,000. As an alternative, the calculators can be sold in their present condition for $40,000. Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the...

  • Chapter 11 Qul 4 The Tolar Corporation has 500 obsolete desk calculators that are carried in...

    Chapter 11 Qul 4 The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. if these calculators are upgraded at a total cost of $140,000, they can be sold for a total of $200,000. As an alternative, the calculators can be sold in their present condition for $50.000, What is the financial advantage (disadvantage) to the company from upgrading the calculators? po 00:55:50 Multiple Choice (5700,000) $70,000 $150.000 160,000 M <...

  • Tawstir Corporation has 800 obsolete personal computers that are carried in inventory at a total cost...

    Tawstir Corporation has 800 obsolete personal computers that are carried in inventory at a total cost of $1,100,000. If these computers are upgraded at a total cost of $40,000, they can be sold for a total of $750,000. As an alternative, the computers can be sold in their present condition for $690,000. The sunk cost in this situation is: O $40,000 O $750,000 $1,100,000 O $690,000

  • Tawstir Corporation has 620 obsolete personal computers that are carried in inventory at a total cost...

    Tawstir Corporation has 620 obsolete personal computers that are carried in inventory at a total cost of $959,760. If these computers are upgraded at a total cost of $32,860, they can be sold for a total of $725,400. As an alternative, the computers can be sold in their present condition for $663,090. The sunk cost in this situation is: $725,400 $663,090 $32,860 $959,760

  • Coronado Inc. has 10200 obsolete calculators, which are carried in inventory at a cost of $21400. If the calculators are scrapped, they can be sold for $1.40 each (for parts). If they are repackaged, at a cost of $16000, they could be sold to toy stores f

    Coronado Inc. has 10200 obsolete calculators, which are carried in inventory at a cost of $21400. If the calculators are scrapped, they can be sold for $1.40 each (for parts). If they are repackaged, at a cost of $16000, they could be sold to toy stores for $2.60 per unit. What alternative should be chosen, and why?Scrap; profit is $3760 greater.Repackage; revenue is $5400 greater than cost.Scrap; incremental loss is $7120.Repackage; receive profit of $10520.

  • Philipsburg Corporation sells mugs to fine retailers around the world. It uses a FIFO perpetual inventory...

    Philipsburg Corporation sells mugs to fine retailers around the world. It uses a FIFO perpetual inventory system. Inventory data is presented in the table below Date January 1 January 13 January 22 Number of Units 300 400 500 Total Cost $30,000 $44,000 $60,000 Unit Cost $100 $110 $120 Beginning inventory Purchase Purchase Determine gross profit for the period, assuming that 1,000 units were sold for $170 each. Operating expenses excluding cost of goods sold totaled $40,000 O A. $60,000 O...

  • 1. Part U16 is used by Mcvean Corporation to make one of its products. A total...

    1. Part U16 is used by Mcvean Corporation to make one of its products. A total of 18,000 units of this part are produced and used every year. The company's Accounting Department reports the following costs of producing the part at this level of activity: Per Unit Direct materials $ 3.90 Direct labor $ 8.50 Variable manufacturing overhead $ 9.00 Supervisor's salary $ 4.40 Depreciation of special equipment $ 2.80 Allocated general overhead $ 8.00 An outside supplier has offered...

  • Assume the financial statements of ABC Corporation for years 2017, 2018 and 2019: Statement of financial...

    Assume the financial statements of ABC Corporation for years 2017, 2018 and 2019: Statement of financial position (balance sheet) as of 31/12/2017 31/12/2018 31/12/2019 Fixed assets (net value) 100,000 180,000 175,000 Inventory 80,000 88,500 90,000 Accounts receivable 70,000 92,000 86,000 Other assets 35,000 90,000 207,000 Cash 90,000 130,000 142,000 Total assets 375,000 580,500 700,000 Share capital 150,000 150,000 150,000 Retained earnings 160,000 366,400 464,080 Accounts payable 65,000 64,100 85,920 Total equity and liabilities 375,000 580,500 700,000 Income statements for years...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT