Explain and identify the treatment of the following costs by the future manufacturing company

i) Sunk costs in short term decision making and provide an example for such short- term decision making with appropriate cost details

ii) The treatment of incremental fixed costs during the process of outsourcing certain components giving one example with appropriate explanations

Answer rating: 100% (QA)

i Sunk costs are costs that have already been incurred and cannot be recovered regardless of the decision made In shortterm decisionmaking sunk costs ... View the full answer