User Account

All Pages

Why are sunk costs never relevant to a decision

Assignment Help Managerial Accounting
Reference no: EM13957712

Go to the financial glossary lnvestorwords.com at www.investorwords.com and look up the phrases sunk cost and opportunity cost.

Required:

Why are sunk costs never relevant to a decision whereas opportunity costs are always relevant? 

Reference no: EM13957712

Questions Cloud

Calculate the potential difference across its body : An x-ray tube used for cancer therapy operates at 4.0MV, with a beam current of 25mA striking the metal target. Nearly all the power in this beam is transferred to a stream of water flowing through holes drilled in the target. What rate of flow, i..
What is the instantaneous total radiated power : The explosion of the firecracker in the air at a height of 40m produces a 100 db sound level at the ground below. If the threshold of hearing is 10-12Wm-2, what is the instantaneous total radiated power, assuming that it radiates as a point sourc..
What role does a college or university play in society : What role does a college or university play in society? How will the college's decision to alter curricular focus affect students and alumni?
Make a table showing the pdf and the cdf of x. : Let E be the event that the number which comes up when a single die is tossed is divisible by 3. Let X be the number of times that event E occurs in 3 tosses of the die.
Why are sunk costs never relevant to a decision : Why are sunk costs never relevant to a decision whereas opportunity costs are always relevant?
What is the average power required of the car : A 1500kg automobile starts from rest on a horizontal road and gains speed of 72km/h in 30 s. What is the average power required of the car at the end of the 30 s? What is the average power required of the car during the 30 s interval?
Are x and y independent random variables : A coin is tossed 3 times. Discrete random variable X is equal to the number of times Heads comes up. Discrete random variable Y has the value 1 if the first toss comes up heads and 0 otherwise.
Differential equation and matches the initial condition : Find y(x) and check that your answer satisfies the differential equation and matches the initial condition.
Will management be likely to support use of eva : Will management be likely to support use of EVA as a financial performance measure?  Calculate forecasted EVA for 2012.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare the company''s statement of owners equity

Prepare the company's statement of owners equity for the year ended June 30, 2014. Assume that there were no contributions made by the owner during the year.

  List three actions that hulmut can take to ensure the rating

List three actions that Hulmut can take to ensure the ratings indicate that customers are very satisfied.

  Arundel company disclosed the following information

Arundel Company disclosed the following information for its recent calendar year.

  Round your cost per equivalent unit amounts to two decimal

Zither Co. manufactures a product called Zens in a three-process series. All materials are introduced at the beginning of the first process. Zither uses the first-in, first-out method of inventory costing. Unit and cost data for the first process (De..

  Classification of cost what are the ways in which cost be

what are the ways in which cost be be classified to suit management needs.give examples of the

  Calculate bay area cycles break-even point in units

Refer to the current information for Bay Area Cycle Co. in Mini-Exercise 12.4. In Mini-Exercise 12.4, Current operating income for Bay Area Cycles Co. is $70,000. Selling price per unit is $100, the contribution margin ratio is 35% and fixed expense ..

  Work in process inventory, and cost of goods sold

Prepare a journal entry to close the variance accounts at Bell Computers. Assume that the total variance is material and is apportioned among Finished Goods Inventory, Work in Process Inventory, and Cost of Goods Sold.

  How you would classify the cost of the activities

Next, think of how you would classify the cost of the activities that led to the cost reduction. That is, how would you classify the macroactivity reducing hazardous waste cost disposal?

  The literature review will contain a summary of leading

the literature review will contain a summary of leading thoughts on how this project should be approached. if we use

  Why sales forecast so important in developing master budget

Why is the sales forecast so important in developing the master budget? When would the master budget profit equal the flexible budget profit?

  Cost of capital used in the capital budgeting analytical

The cost of capital used in the capital budgeting analytical process is primarilly a function of

  Question 1 bobsnbspcompany sells one product with a

question 1 bobsnbspcompany sells one product with a variable cost of 5 per unit. the company is unsure what price to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd