3- Suppose a company incurs the following costs: labor, $3,000; equipment, $2,000; and materials, $1,000. The company ow

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3- Suppose a company incurs the following costs: labor, $3,000; equipment, $2,000; and materials, $1,000. The company ow

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3 Suppose A Company Incurs The Following Costs Labor 3 000 Equipment 2 000 And Materials 1 000 The Company Ow 1
3 Suppose A Company Incurs The Following Costs Labor 3 000 Equipment 2 000 And Materials 1 000 The Company Ow 1 (26.67 KiB) Viewed 14 times
3- Suppose a company incurs the following costs: labor, $3,000; equipment, $2,000; and materials, $1,000. The company owns the building, so it doesn't have to pay the usual $4,000 in rent. Please use whole numbers only and no $ signs. a. What is the total accounting cost? b. What is the total economic cost? c. If the company sold the building and then leased it back, what would be the change in (i) accounting costs? $ (ii) economic costs? SA I
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