Explain the importance of the excess-capacity issue in setting a competitive bid price.

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Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078025662

10th edition

Authors: Ronald Hilton, David Platt

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Question Posted: Apr 22, 2014 02:26 AM

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Explain the importance of the excess-capacity issue in setting a competitive bid price.

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When a firm has excess capacity there is no opportunity cost in accepting an additional produ...View the full answer

Managerial Accounting Creating Value in a Dynamic Business Environment

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