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Northwest Hospital radiology department is considering replacing Differential, Sunk, and Opportunity Costs Northeast Hospital's Radiology Department is considering replacing an old inefficient X machine with

Northwest Hospital radiology department is considering replacing
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Differential, Sunk, and Opportunity Costs Northeast Hospital's Radiology Department is considering replacing an old inefficient X machine with a state-of-the-art digital X-ray machine. The new machine would provide quality X-rays in less time and at a lower cost per X-ray. It would also require less power and use a color laser printer to produce easily readable X-ray images. Instead of investing the new x-ray machine, the Laboratory Department is lobbying the hospital's management to a new DNA analyzer. Required: For each of the items below, indicate by placing an X in the appropriate column whether it be considered a differential cost, a sunk cost, or an opportunity cost in the decision to replace old X-ray machine with a new machine. If none of the categories apply for a particular item, all columns blank. Ex. Cost of X-ray film used in the old machine 1. Cost of the old ray machine 2. The salary of the head of the Radiology Department. 3. The salary of the head of the Laboratory Department 4. Cost of the new color laser printer. 5. Rent on the space occupied by Radiology 6. The cost of maintaining the old machine 7. Benefits from a new DNA analyzer 8. Cost of electricity to run the X-ray machines

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