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Chang Industries has 3000 defective units of product that already cost $34 each to produce. A salvage company will purchase the defective units as is for $15 each Chang's production manager reports that the defects can be corrected for $26 per unit, enabling them to be sold at their regular market price of $31. The $34 per unit is a: Oportunity cost Out of pocket cost Sunk cost Incremental cost Period cost