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Accounting

When deciding to lease a new cutting machine or continue using the old machine, the following costs are all relevant EXCEPT the:

1. a. $10,000 selling price of the old machine
2. b. $20,000 cost of the new machine
3. c. $3,000 annual savings in operating costs if the new machine is purchased

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9431330

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