For each numbered Statment, pick the lettered Cost Term that fits
Statements:
(1.) Incr...
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For each numbered Statment, pick the lettered Cost Term that fits
Statements:
(1.) Increased revenues from special order
(2.) Lost contribution margin from foregone sales to regular customers
(3.) Revenues from 4,000 units sold to regular customers
(4.) Variable cost of 4,000 units sold to regular customers
(5.) Increase in fixed selling and administrative expenses
(6.) Cost of existing equipment used to produce special order
(7.) Salary paid to current supervisor who oversees manufacture of special order
(8.) Increased variable costs of special order
Cost Term Choices:
a) Irrelevant fixed outlay cost
b) Irrelevant revenues
c) Irrelevant variable outlay cost
d) Opportunity cost
e) Relevant fixed outlay cost
f) Relevant revenues
g) Relevant variable outlay costs
h) Sunk Cost
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