Be specific and be concise in answerz....thanks

i.Differential Costs" are considered as relevant, where as "sunk Cost" is considered as irrelevant for decision making purposes. Explain

ii.Why opportunity cost is measured and relate with the evaluation of alternative, can it be an opportunity loss?

iii. Which one either spoiled goods or defective goods are less economical for the company and why?

iv.How you passed the entry of scrape material for: Transfer scrape to inventory Sold scrape to inventory market value.

v.What is meant by the statement that labor costing is related to motion costing"