WebSolution Scrap or Rework Particulars Scrap Rework Rework Without considering the opportunity cost Sales Revenue ( scrap=22000 X 2.5 , Rework = 22000 X 8.5 ) $ 55,000 $ 187,000 $ 187,000 Less : Cost Of rework units ( 22000 X 4.5 ) $ - $ 99,000 $ 99,000 Less : Opportunity Cost of not making New units ( 22000 X 2.5 ) $ 55,000 $ - Incremental Income … Web3) All rework is done by the same operation that produced the defect. Let us work an example where we know the number of units, how they split among the parallel steps, and the amount of scrap and rework. Legend: RW = Rework, SC = Scrap We started with 300 units and finished with 275 having scrapped 25 units. However, much rework was done.

Answered: tries for the rework, assuming the… bartleby

WebThe rework is considered to be abnormal. tries for the rework, assuming the following: (Record debits first, then credits. Exclude explanations from any jour d to a specific job. Accounts Journal Entry Requirements Prepare the journal entries for the rework, assur a. The rework is related to a specific job. b. WebThe term scrap refers to material left over when producing an item. In some cases, scrap materials can be sold to other manufacturers or consumers, but the value is fairly … hermes montres homme

rework material - Перевод на русский - Reverso Context

WebSee Answer Question: Exercise 23-4 (Algo) Scrap or rework LO P2 A company must decide between scrapping or reworking units that do not pass inspection. The company has … WebA company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units that cost $5.70 per unit to manufacture. The units can be sold as is... WebBased on the table above, Corso would be better off if it would just sell the units as scrap, because the total effect on income would be greater ($23,200) than the income if it will rework and sell ($13,500) them afterwards. The net advantage of the Scap choice is $9,700. max allowed 401k contribution 2023