1. Corn Crunchers has three product lines. Its only unprofitable line is Corn Nuts, the results of which appear below for 2010

Sales	$700,000
Variable expenses	460,000
Fixed expenses	300 000
Net loss	$(60,000)

1. If this product line is eliminated, 30% of the fixed expenses can be eliminated. How much are the relevant costs in the decision to eliminate this product line?

(A). $90,000

(B). $550,000

(C). $670,000

(D). $760,000

2. A cost incurred in the past that cannot be changed by any future action is a (n)

(A). Opportunity cost

(B). Sunk cost

(C). Relevant cost

(D). Avoidable cost