In deciding whether to add another section of COMM 210, the dept. head must consider A. The cost of the departmental assistant B. His own salary C. Salary of the instructor teaching the new section D. The book-store employee's salary E. The cost of university student advisory services Which of the following is not an example of a sunk cost? A. Furniture purchased yesterday B. Obsolete inventory C. Direct materials D. Non-refundable deposit E. None of the above is a sunk cost Marcia decided to purchase a TV for $1, 000 instead of investing it to generate a 4% return. A. The price of the TV is a product cost B. $40 interest is a sunk cost C. $400 interest is a period cost D. $40 interest is an opportunity cost E. None of the above 5. opportunity costs are A. costs to be incurred in the future B. recurring costs C. not recorded in the financial statements of the organization D. incurred before a decision is made E. similar to direct costs