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Chang Industries has 1,100 defective units of product that already cost $52 each to produce. A salvage company will purchase the defective units as is

Chang Industries has 1,100 defective units of product that already cost $52 each to produce. A salvage company will purchase the defective units as is for $24 each. Chang's production manager reports that the defects can be corrected for $44 per unit, enabling them to be sold at their regular market price of $40. The $52 per unit is a Multiple Choice Opportunity cost. Incremental cost Sunk cost Period cost. Out-of-pocket cost
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