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Commerce · Q347

Costing

Graduate and Post Graduate · Commerce · question 347

Q347

If relevant opportunity cost of capital is 2950 and relevant carrying cost of inventory is 6700, then relevant incremental cost will be

A.
$9,650
B.
$2,350
C.
$3,750
Answer
D.
$2,750

Answer: Option C

Solution

Answer: Option C
Solution:
Relevant incremental cost = Relevant carrying cost of inventory - Relevant opportunity cost of capital
= 2950 = $3,750