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Noel Stewart bought some materials 2 years ago for 300.These materials have simply been left in inventory as they were not needed. A new customer
Noel Stewart bought some materials 2 years ago for 300.These materials have simply been left in inventory as they were not needed. A new customer offers to buy a product that uses these materials. The conversion cost is 500 and the customer has offered to pay 650 for the product. Noel decides to accept the order. In this decision, Noel would consider the sunk cost to be:
500 650 600 300
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