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NEW QUESTION: 1
A musical instrument manufacturing company is considering a new project that will require 1000 kg of wood. They have 700 kgs of wood in stock which was purchased last year for £4 per kg. The wood in stock can be sold back to the supplier for £5 per kg. The wood in stock will have to be replaced if it is used. The current purchase price of wood is £8 per kg.
Using this information, what is the relevant cost of wood for the manufacturers decision on this project?
A. £5,600
B. £8,000
C. £5,000
D. £11,500
Answer: B

NEW QUESTION: 2

A. Option B
B. Option D
C. Option A
D. Option C
Answer: C

NEW QUESTION: 3

A. Option B
B. Option D
C. Option A
D. Option C
Answer: C