Multiple Choice
Fixed costs are ignored in allocating scarce resources because
A) they are sunk.
B) they are unaffected by the allocation of scarce resources.
C) there are no fixed costs associated with scarce resources.
D) fixed costs only apply to long-run decisions.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: The term incremental cost refers to<br>A)the profit
Q15: Athmer Corporation<br>Athmer Corporation sells a product
Q16: Kelly Company has 20,000 units in inventory
Q17: A fixed cost is relevant if it
Q18: In an outsourcing decision,avoidable fixed costs are
Q20: Assume a company produces three products: A,B,and
Q21: Boston Bakers<br>Boston Bakers is trying to
Q22: Wightman Industries has two sales territories-East and
Q23: Why is depreciation expense irrelevant to most
Q24: Brazosport Pipe Corporation<br>The capital budgeting committee