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Emporia Shipping Company is involved in a compettive bidding situation: Variable costs related to the project total $540,000, and allocmed fixed cost is $81,000. Which

image text in transcribedimage text in transcribed Emporia Shipping Company is involved in a compettive bidding situation: Variable costs related to the project total $540,000, and allocmed fixed cost is $81,000. Which of the following cost figures should be used in seming a minimum bid price if Emporia has excess capacny and 2) og excess capacity Excess Capacity Excess Capacity A $540,000 $540,000 $540,000 5021,000 0. $21,000 $540,000 L 5621,000 5421,000 MChce O O O Chice & Choce O C Emporia Shipping Company is involved in a competitive bidding situation. Variable costs related to the project total $540,000, and allocated fixed cost is $81,000. Which of the following cost figures should be used in setting a minimum bid price if Emporia has (1) excess capacity and (2) no excess capacity? Excess Capacity No Excess Capacity A. $ 0 $ 0 B. $540,000 $540,000 C. $540,000 $621,000 D. $621,000 $540,000 E. $621,000 $621,000 Multiple Choice O Choice A Choice B Choice C Choice D Choice E

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