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ime Taken:0:03:12 Harmanpreet Singh : Attempt 1 Question 1 (1 point) Opportunity costs refer to financial resources sacrificed in order to make a current purchase.

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ime Taken:0:03:12 Harmanpreet Singh : Attempt 1 Question 1 (1 point) Opportunity costs refer to financial resources sacrificed in order to make a current purchase. True False Question 2 11 nointi Question 1 (Special Order) Waterloo Co. sells product P-14 at a price of $48 a unit. The per-unit cost data are direct materials $15, direct labour $10, and overheads $12 (75% variable). Waterloo Co. has sufficient capacity to accept a special order for 40,000 units, but at a discount of 25% from the regular price. Selling costs associated with this order would be $3 per unit. Determine whether Waterloo Co. should accept the special order. [5 marks] Question 1 (Special Order) Waterloo Co. sells product P-14 at a price of $48 a unit. The per-unit cost data are direct materials $15, direct labour $10, and overheads $12 (75% variable). Waterloo Co. has sufficient capacity to accept a special order for 40,000 units, but at a discount of 25% from the regular price. Selling costs associated with this order would be $3 per unit. Determine whether Waterloo Co. should accept the special order. [5 marks]

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