Answer:
It is more convenient to rework.
Explanation:
Giving the following information:
Wenig Inc. has some material that originally cost $73,500. The material has a scrap value of $45,600 as is, but if reworked for $6,600, it could be sold for $58,100.
We need to calculate the effect on income of the two options:
Sell now:
Income= 45,600 - 73,500= -$27,900
Rework:
Income= 58,100 - 6,600 - 73,500= -$22,000
It is more convenient to rework.
