Answer the following questions using the information below:
The following information applies to Labs Plus, which supplies microscopes to laboratories throughout the country.Labs Plus purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation.
-What are the total annual relevant costs at Labs Plus?
A)$2,280
B)$3,421
C)$1,790
D)$2,425
E)$2,670

Question

Answer the following questions using the information below:
The following information applies to Labs Plus, which supplies microscopes to laboratories throughout the country.Labs Plus purchases the microscopes from a manufacturer which has a reputation for very high quality in its manufacturing operation. 
-What are the total annual relevant costs at Labs Plus?
A)$2,280 
B)$3,421 
C)$1,790 
D)$2,425 
E)$2,670

Quizplus · Accepted Answer

The total annual relevant costs at Labs Plus are $2,280. This is calculated by summing up all the costs that are directly associated with the production or operation, excluding any fixed costs or sunk costs that do not change with the level of output.

Answer the Following Questions Using the Information Below