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Chandler, Inc., would like to buy one of the light fixtures its produces. The cost...

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Accounting

Chandler, Inc., would like to buy one of the light fixtures its produces. The cost to buy the fixture is $15 per unit. The cost to make the fixture is $13 per unit. If the company buys, it can rent out the factory space it is no longer using for $75,000 annually. In this situation, the $75,000 is a(n):
sunk cost.
irrelevant cost.
avoidable cost.
opportunity cost.
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