Lounsberry Inc

question 51

Multiple Choice

Lounsberry Inc. regularly uses material O55P and currently has in stock 360 liters of the material for which it paid $2,484 several weeks ago. If this were to be sold as is on the open market as surplus material, it would fetch $6.35 per liter. New stocks of the material can be purchased on the open market for $6.90 per liter, but it must be purchased in lots of 1,000 liters. You have been asked to determine the relevant cost of 800 liters of the material to be used in a job for a customer. The relevant cost of the 800 liters of material O55P is:

• A) $5,080
• B) $5,322
• C) $5,520
• D) $6,900

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Definitions:

Persuasive Communicator

An individual who possesses the skill to influence others' attitudes, beliefs, or behaviors through effective communication.

Expertise

Expertise is the high level of skill, knowledge, or ability in a particular field or activity, gained through experience or education.

Halo Effect

The tendency to perceive someone positively across various attributes based on one favorable trait.

Health Risks

Potential factors or behaviors that increase the likelihood of developing a disease or sustaining an injury.