DE26-15 Auto Components. Inc., from Daily Exercise 26-14 is approached by a customer who wants to buy

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DE26-15 Auto Components. Inc., from Daily Exercise 26-14 is approached by a customer who wants to buy the 1.000 obsolete keys. The customer is willing to pay more than $16,000 for the 1.000 keys. 1. What is Auto Components' opportunity cost of not processing the inventory further? 2. How can Ray use this opportunity cost to set a minimum sale price for the customer? What should be Auto Components minimum sale price per key?

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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