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Alexxx [7]
3 years ago
10

Chang Industries has 1,300 defective units of product that already cost $48 each to produce. A salvage company will purchase the

defective units as is for $22 each. Chang's production manager reports that the defects can be corrected for $40 per unit, enabling them to be sold at their regular market price of $38. The $48 per unit is a:
Business
1 answer:
dolphi86 [110]3 years ago
7 0

Answer: Sunk Cost

Explanation:

A sunk cost is an expense which a company or entity has already incurred and which cannot be recovered and so should not be considered when making decisions regarding incremental benefits or costs to an investment.

The $48 had already been incurred to produce the defective units and cannot be recovered so it is a sunk cost that should not be considered moving forward.

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Answer:

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