Multiple Choice
Nestle Company paid $130,000 for a machine used to mill oats.The annual contribution margin from oat sales is $60,000.The machine could be sold for $80,000.The opportunity cost of producing the oats is ________.
A) $20,000
B) $60,000
C) $80,000
D) $130,000
Correct Answer:
Verified
Correct Answer:
Verified
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