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GL Plastics spent $1,200 last week repairing a machine. This week the company is trying to decide if the machine could be better utilized if

GL Plastics spent $1,200 last week repairing a machine. This week the company is trying to decide if the machine could be better utilized if they assigned it a proposed project. When analyzing the proposed project, the $1,200 should be treated as which type of cost?

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