Sunk costs are easy to spot - they're simply the fixed costs associated with a decision." Do you agree? Expla
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Sunk costs are easy to spot - they're simply the fixed costs associated with a decision." Do you agree? Explain.
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- “Sunk costs are easy to spot—they’re simply the fixed costs associated with a decision.” Do youagree? ExplainSunk costs are easy to spot---they're the fixed costs associated with a decision. Do you agree? Please explain the reasoning for your answer.“Variable costs are always relevant, and fixed costs are always irrelevant.” Do you agree? Why?
- “There is no such thing as a fixed cost. All costs can be ‘unfixed’ given sufficient time.” Do you agree? What is the implication of your answer for CVP analysis?In incremental analysis, only relevant costs are considered when making a decision among alternatives. Explain what relevant costs are. Would these include only variable costs? Explain.Give two examples of sunk costs, and explain why they are irrelevant in decision making.
- Label each of the following statements as either true (“T”) or false (“F”). A sunk cost will change with a future course of action.Differentiate variable cost from fixed cost. Please help me I really need the answer, clear explanation please, thank you!‘Costs maybe classified in a different type of behavioural costs such as variable and fixed costs according to their nature and usage. Variable costs are controllable, on contrary fixed costs are not’. Do you agree with this statement? Justify.
- ‘Costs maybe classified in a different type of behavioural costs such as variable and fixed costs according to their nature and usage. Variable costs are controllable, on contrary fixed costs are not’. Do you agree with this statement? Why?Do you agree from the following statements- Explain in details with examples 1.Variable costs are controllable but fixed costs are not. 1.Sunk costs are irrelevant cost while making any decision.What do you mean when you say "fixed costs"? What's the point? Is it possible to have a combined price? Describe each with a specific example