The Tolar Company Has 400 Obsolete Desk Calculators That Are

question 137

Multiple Choice

The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.
-What is the sunk cost in this situation?

• A) $0.
• B) $10,000.
• C) $11,200.
• D) $26,800.

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Definitions:

Public-Sector Groups

Public-Sector Groups are organizations that are part of the government or are funded by the government, working towards public interest goals.

Labor Groups

Organizations that represent and advocate for the rights and interests of workers, often involved in negotiations with employers over wages, benefits, and working conditions.

Teamsters

Refers to members of the International Brotherhood of Teamsters, a labor union in the United States and Canada primarily representing workers in the transport and logistics industries.

American Federation

Refers to various unions or federations in the United States that represent the interests of their members, such as the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO).