Gypsum Park Recreation is exploring a competitive bidding situation. The firm, which currently has no excess capacity, estimates the following costs for a project to be performed for the Talent School District:

Which of the following cost figures would be used in determining a minimum price if Gypsum Park decides to bid on the Talent project?
A) $131,000.
B) $350,000.
C) $441,000.
D) $481,000.
E) None of the answers is correct.

Question

Gypsum Park Recreation is exploring a competitive bidding situation. The firm, which currently has no excess capacity, estimates the following costs for a project to be performed for the Talent School District:

Which of the following cost figures would be used in determining a minimum price if Gypsum Park decides to bid on the Talent project?
A) $131,000. 
B) $350,000. 
C) $441,000. 
D) $481,000. 
E) None of the answers is correct.

Quizplus · Accepted Answer

The Answer of Gypsum Park Recreation is exploring a competitive bidding situation. The firm, which currently has no excess capacity, estimates the following costs for a project to be performed for the Talent School District:

Which of the following cost figures would be used in determining a minimum price if Gypsum Park decides to bid on the Talent project?
A) $131,000. 
B) $350,000. 
C) $441,000. 
D) $481,000. 
E) None of the answers is correct.

Gypsum Park Recreation Is Exploring a Competitive Bidding Situation