1 Is a sunk cost a relevant cost in decision making? Explain by defining what...

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Accounting

1 Is a sunk cost a relevant cost in decision making? Explain by defining what a sunk cost is

2 Explain why job costing is not always an accurate measure of the cost of producing goods.

3 Explain what type of business would classify vehicles as Finished goods inventory. Your answer should include a description of what the term inventory means.

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