Hi-tech inc. has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600. they could be updated for an additional $2,400 and sold. if hi-tech updates the computers and sells them, net income will increase by $9,000.what amount would be considered sunk costs? a.$9,000b.$2,400c.$17,800d.$20,200

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Which statement defines the term price ?