Sunk costs include any cost that: Multiple Choice will be paid to a third party and cannot be refunded for any reason whatsoever. will change if a project is undertaken. will occur if a project is accepted and once incurred, cannot be recouped. has previously been incurred and cannot be changed. will be incurred if a project is accepted.

25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above