question archive McVay Industries (MI) produces ice cream supplies including bowls, scoops and shake makers
Subject:AccountingPrice: Bought3
McVay Industries (MI) produces ice cream supplies including bowls, scoops and shake makers. MI made $605,000 of pre-tax profit last year. They are looking for ways to improve profitability and are considering outsourcing production of their shake makers. Juan Hernandez, the controller, compiled the following information.