Least break even on the sale of the items

Reference no: EM13149990

The Lampley Company has 2,000 obsolete items in its inventory which are valued at $22 each. If the item are reworked they could be sold for $30 each otherwise they would be sold for only $5 each. If Lampley Company decides to re-work the items, how much should the company be willing to invest to ensure that they would at least break even on the sale of the items?

Reference no: EM13149990

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