The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is: Multiple Choice о The variable manufacturing cost of the component. The total manufacturing cost of the component. The fixed manufacturing cost of the component. There would not be an opportunity cost in this instance.
The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is: Multiple Choice о The variable manufacturing cost of the component. The total manufacturing cost of the component. The fixed manufacturing cost of the component. There would not be an opportunity cost in this instance.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of these four options is the correct answer? Thank you.

Transcribed Image Text:The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is:
Multiple Choice
The variable manufacturing cost of the component.
The total manufacturing cost of the component.
The fixed manufacturing cost of the component.
There would not be an opportunity cost in this instance.
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