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Question 13 4 pts Management is considering whether to purchase a new machine costing $470,000 or a new model machine costing $428,000 to replace
Question 13 4 pts Management is considering whether to purchase a new machine costing $470,000 or a new model machine costing $428,000 to replace a machine that was purchased 6 years ago for $455,000. The old machine was used until it broke down last week. Unfortunately, the old machine cannot be repaired. Management has decided to buy the new machine. It has less capacity than the new model machine, but its capacity is sufficient to continue making its product. Management also considered, but rejected, the alternative of simply dropping its product. If that were done, instead of investing in the new machine, the money could be invested in a project that would return a total of $461,000. In making the decision to buy the new machine, the sunk cost was: $455,000 $428,000 $470,000 $461,000 Question 14 anagement is considering whether to purchase a new machine costing $465,000 or a new model machine costing $411,000 to uced until it broke down last week. Unfortunately t
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