The sales volume variance is the difference between the:

static budget $($based on planned volume$)$ and actual revenue or cost$.$

static budget $($based on planned volume$)$ and the flexible budget $($based on actual volume$).$

static budget $($based on actual volume$)$ and the flexible budget $($based on planned volume$).$

flexible budget $($based on actual volume$)$ and actual revenue or cost$.$

Dodo company is disposing of equipment that was originally purchased for $$700,000$ and has $$450,000$ of accumulated depreciation to date. The same equipment would cost $$950,000$ to replace. What is the total amount of sunk cost in this decision?

$$560,000$

$$840,000$

$$250,000$

$$810,000$

Dodo company is disposing of equipment that was originally purchased for $$700,000$ and has $$450,000$ of accumulated depreciation to date. The same equipment would cost $$950,000$ to replace. What is the total amount of sunk cost in this decision?

$$560,000$

$$840,000$

$$250,000$

$$810,000$