Question

When deciding whether to sell a product as is or continue to process it, costs incurred to get the product to its current condition ______ relevant to the decision.

Answer 1

In deciding whether to sell a product or continue to process it, the costs incurred to get the product into its current condition are not relevant to the decision.

What is Cost Price?

This refers to the price at which a good was bought and might include the expenses incurred while procuring the goods.

Hence, we can see that when an owner is trying to decide whether to sell a good or process it, the costs incurred to get the product to its current condition are not relevant while making this decision.

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