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Asked by MajorDragonflyMaster416
. Emporia Shipping Company is involved in a competitive bidding...
Image transcription text Emporia Shipping Company is involved in a competitive bidding situation. Variable costs related to the project total $540,000,
and allocated fixed cost is $81,000. Which of the following cost figures should be used in setting a minimum bid price if Emporia
has (1) excess capacity and (2) no excess capacity?
Excess Capacity
No Excess Capacity
A.
$
$
B .
$540,000
$540, 000
C .
$540, 000
$621, 090
D.
$621, 000
$540,000
$621, 000
$621, 060
Multiple Choice
Choice A
O
Choice B
O
Choice C
O
Choice D
O
Choice E
Solved by verified expert
Answered by CPA17PayForward
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