The cost of factory machinery purchased last year is:
A)an opportunity cost.
B)a differential cost.
C)a direct materials cost.
D)a sunk cost.

Name: The cost of factory machinery purchased last year is: A)an opportunity cost. B)a differential cost. C)a direct materials cost. D)a sunk cost.
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Question

Quizplus · Accepted Answer

The cost of factory machinery purchased last year is a sunk cost, meaning it is a cost that has already been incurred and cannot be recovered or changed regardless of future events or decisions.

The Cost of Factory Machinery Purchased Last Year Is