COST ACCOUNTING
CAPITAL BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A company spends $20 million researching whether it is possible to create a durable plastic from the process waste from feedstock preparation. The $20 million should best be considered ____
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as a sunk cost
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as an opportunity cost
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as a fixed overhead expense
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as a capital cost
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Explanation:
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