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Question 44 Smith Industries is considering replacing a machine that is presently used in its production process. The following information is available: Old Machine Replacement Machine $45,000 $35.000 5 Original cost Remaining useful life in years Current age in years Book value 5 0 5 $25,000 $8,000 Current disposal value in cash Future disposal value in cash (in 5 years) Annual cash operating costs $0 $0 $7,000 $4,000 For a machine replacement decision which of the information provided in the table is a sunk cost? The current annual operating cost of the old machine The current disposal value of the old machine The price of the new machine The original cost of the old machine Question 50 2 pts Which of the following costs would appear on the income statements for both a merchandiser and a manufacturer? Cost of goods manufactured Direct materials O Operating expenses O Direct labor Previous Subm No new data to save. Last checked at 8:14pm