Osprey Company is trying to decide between the following two alternatives:  Alternative A Alternative BProjected revenue$50,000  $60,000 Direct material 6,000   12,000 Assembly labor 9,000   9,000 Production supervisor's salary 10,000   10,000 Facility-related costs 10,000   15,000 Profit$15,000  $14,000  Which of the following conclusions can be drawn from this example?

A. Relevant costs may include variable costs and fixed costs.
B. Fixed costs are sunk and thus are never relevant for decision making.
C. Variable costs are always relevant for decision making.
D. None of the above.


Answer: A

Business

You might also like to view...

Which of the following questions is most important for product designers to consider while developing a product?

A) Which specific features of the product do customers like most? B) How does the product appear to buyers? C) What are the product's technical specifications? D) How would customers use and benefit from the product? E) How can the product be packaged to stimulate instant purchase?

Business

How many syllables are in the word inconvenient?

What will be an ideal response?

Business

Reasonable person standard is a test used to determine whether a tort is intentional or unintentional

Indicate whether the statement is true or false

Business

Webcams provide a way of communicating in real time that is comparable to an in-person, face-to-face discussion

Indicate whether the statement is true or false

Business