(а)Identify each of the following cash items whether it is fixed cost, variable cost, sunkcost, opportunity cost or implicit cost.1An appliance company was considering investing in a new line ofrefrigerators to sell but instead chose to invest the same amount of moneyinto an employee training program(i)The expenses incurred in legal proceedings and regulations formation of thecompany.You created a music streaming service and spent RM 5,000 on marketing andadvertising to help spread the word about it to consumers. As a result, themarketing and advertising campaigns prove ineffective.(ii)(iii)Cost of shipping finished goods to customers.(iv)An attorney who currently works for a corporate law firm is considering openingtheir own legal practice.

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Identify each of the following cash items whether it is fixed cost, variable cost, sunk cost, opportunity cost or implicit cost. (i) An appliance company was considering investing in a new line of refrigerators to sell but instead chose to invest the same amount of money into an employee training program (i) The expenses incurred in legal proceedings and regulations formation of the company. (ii) You created a music streaming service and spent RM 5,000 on marketing and advertising to help spread the word about it to consumers. As a result, the marketing and advertising campaigns prove ineffective.

Identify each of the following cash items whether it is fixed cost, variable cost, sunk cost, opportunity cost or implicit cost. (i) An appliance company was considering investing in a new line of refrigerators to sell but instead chose to invest the same amount of money into an employee training program (i) The expenses incurred in legal proceedings and regulations formation of the company. (ii) You created a music streaming service and spent RM 5,000 on marketing and advertising to help spread the word about it to consumers. As a result, the marketing and advertising campaigns prove ineffective.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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