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Overland Shipping Company Is Involved in a Competitive Bidding Situation

Question 30

Multiple Choice

Overland Shipping Company is involved in a competitive bidding situation.Variable costs related to the project total $520,000,and allocated fixed cost is $95,000.Which of the following cost figures should be used in setting a minimum bid price if Overland has (1) excess capacity and (2) no excess capacity? Overland Shipping Company is involved in a competitive bidding situation.Variable costs related to the project total $520,000,and allocated fixed cost is $95,000.Which of the following cost figures should be used in setting a minimum bid price if Overland has (1) excess capacity and (2) no excess capacity? A) Choice A B) Choice B C) Choice C D) Choice D E) Choice E


A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

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