Cost Relevant or Irrelevant? Sunk, Fixed, Variable, or Opportunity? Mortgage on the Cake Shop Irrelevant Fixed Wages for the Bakers Relevant Variable Mr. Suncat’s culinary school tuition Irrelevant Sunk Icing for the wedding cakes relevant variable Striping the parking lot in front of the Cake Shop relevant variable Mr. Suncat’s decision not to attend graduate school irrelevant opportunity I have filled the chart out but was informed that I had an incorrect answer in each column, I am having trouble figuring out what I did incorrectly. Thank you!
Cost Relevant or Irrelevant? Sunk, Fixed, Variable, or Opportunity? Mortgage on the Cake Shop Irrelevant Fixed Wages for the Bakers Relevant Variable Mr. Suncat’s culinary school tuition Irrelevant Sunk Icing for the wedding cakes relevant variable Striping the parking lot in front of the Cake Shop relevant variable Mr. Suncat’s decision not to attend graduate school irrelevant opportunity I have filled the chart out but was informed that I had an incorrect answer in each column, I am having trouble figuring out what I did incorrectly. Thank you!
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 44P
Related questions
Question
Cost |
Relevant or Irrelevant? |
Sunk, Fixed, Variable, or Opportunity? |
Mortgage on the Cake Shop |
Irrelevant |
Fixed |
Wages for the Bakers |
Relevant |
Variable |
Mr. Suncat’s culinary school tuition |
Irrelevant |
Sunk |
Icing for the wedding cakes |
relevant |
variable |
Striping the parking lot in front of the Cake Shop |
relevant |
variable |
Mr. Suncat’s decision not to attend graduate school |
irrelevant |
opportunity |
I have filled the chart out but was informed that I had an incorrect answer in each column, I am having trouble figuring out what I did incorrectly. Thank you!
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