The Options are the following: PLEASE SELECT OPTION FOR 1-8 IRRELEVANT FIXED OUT

Question

The Options are the following: PLEASE SELECT OPTION FOR 1-8

IRRELEVANT FIXED OUTLAW COST

IRRELEVANT REVENUES

IRRELEVANT VARIBLE OUTLAW COST

OPPORTUNITY COST

RELEVANT FIXED OUTLAW COST

RELEVANT REVENUES

RELEVANT VARIBLE OUTLAW COST

SUNK COST

QUESTION 4 Not yet answered Points out of 8.00 P Flag question Statements Cost term (1. Increased revenues from special order (2.) Lost contribution margin from foregone sales to regular customers (3.) Revenues from 4,000 units sold to regular customers (4.) Variable cost of 4,000 units sold to regular customers (5.) Increase in fixed selling and administrative expenses (6.) Cost of existing equipment used to produce special order (7) Salary paid to current supervisor who oversees manufacture of special order (8.) Increased variable costs of special order

Explanation / Answer

1 RELEVANT REVENUES 2 OPPORTUNITY COST 3 IRRELEVANT REVENUES 4 IRRELEVANT VARIABLE OUTFLOW COST 5 RELEVANT FIXED OUTFLOW COST 6 SUNK COST 7 RELEVANT FIXED OUTFLOW COST 8 RELEVANT VARIABLE OUTFLOW COST

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