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Superior Company Is Involved in a Competitive Bidding Situation

Question 29

Multiple Choice

Superior Company is involved in a competitive bidding situation.The following costs are anticipated for a project to be bid with the City of Southlake: Superior Company is involved in a competitive bidding situation.The following costs are anticipated for a project to be bid with the City of Southlake: Which of the following cost figures should be used in setting a minimum bid price if Superior has excess capacity? A) $530,000. B) $950,000. C) $1,370,000. D) $1,480,000. E) Some other amount.
Which of the following cost figures should be used in setting a minimum bid price if Superior has excess capacity?


A) $530,000.
B) $950,000.
C) $1,370,000.
D) $1,480,000.
E) Some other amount.

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