In a decision-making situation involving an asset, which of the following costs is generally NOT considered relevant to the decision and should be ignored? (Points : 3)

Incremental cost of selecting one alternative over another. Opportunity cost of using the asset in an alternative. Differential cost between two alternatives. The original cost of the asset.

Question 12.12. Gabrio Inc. is a mechandising company. Last month the company's merchandise purchases totaled $87,000. The company's beginning merchandise inventory was $19,000 and its ending merchanise inventory was $11,000. What was the company's cost of goods sold for the month? (Points : 3)

$79,000 $87,000 $95,000 $117,000