Multiple Choice
XYZ, Inc. is considering adding a product line that would utilize floor space in their manufacturing plant which is currently used for storage. XYZ will need to rent new storage space elsewhere. The floor space would be considered a(n)
A) variable cost.
B) opportunity cost.
C) sunk cost.
D) irrelevant cash flow.
Correct Answer:

Verified
Correct Answer:
Verified
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