Kinsey Company Recently Discontinued the Manufacture of Product #627 There Are 900 Units of This Product in Finished-Goods Inventory

Kinsey Company recently discontinued the manufacture of Product #627. The standard costs for this product were: $\begin{array}{l}\begin{array}{lll} \text {Direct material}\\ \text {Direct labour}\\ \text {Variable overhead}\\ \text {Fixed overhead}\\ \text {Total}\\\end{array}\begin{array}{lll}\$ 60 \\30 \\24 \\\underline {\$ 45} \\\underline {\$159}\end{array}\end{array}$
There are 900 units of this product in finished-goods inventory. The units are technologically obsolete, and the following alternatives are being considered.
1. Dispose of as scrap. The proceeds from the sale will equal the cost of transportation to the disposal site.
2. Sell to an exporter for sale in a developing country. The sales price to the exporter
would be $13 per unit.
3. Remanufacture the products to convert them into Model M55, a model that normally sells for $300. The additional cost to convert the Product #627 units would be $55; the standard cost to manufacture M55 is $135. Presently, there is sufficient capacity to manufacture M55 directly or to do the necessary conversion work on Product #627.
Required:
A. Determine the current carrying value of the Product #627 inventory.
B. Evaluate each alternative and determine the financial benefit to Kinsey if the alternative is pursued.