A sunk cost can be changed depending on the results of future decisions. True or False True False Avoidable costs are costs that cannot be eliminated by choosing one action over another. True or False True False The capital expenditures budget reports expected cash receipts and cash payments related to the sale and purchase of plant assets True or False True False Budgets can be used to motivate employees because budgeted performance levels can provide goals for employees to attain or exceed True or False True False Weng CPAs charges for their services based on the following: Labor rate Materials markup $ 160 per hour 403 Using time and materials pricing, what is the total price for services requiring 8 labor hours and $50 of materials Multiple Choice $1,360 $1,300 $1,330 $1,450 $1,350