Examlex
When a plant asset is traded for another similar asset, losses on the asset traded are recognized.
Special Order
A one-time order that is not considered part of the company’s normal ongoing business.
Opportunity Costs
The benefits a person or business foregoes by choosing one alternative over another.
Idle Capacity
Unused production capability within a manufacturing plant or business operation, often due to lack of demand or inefficiency.
Drop a Product
The decision by a company to cease the production and sale of a particular product.
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