Cost Relevant or Irrelevant? Sunk, Fixed, Variable, or Opportunity? Mortgage on the Cake Shop Irrelevant Fixed Wages for the Bakers Relevant Variable Mr. Suncat’s culinary school tuition Irrelevant Sunk Icing for the wedding cakes relevant variable Striping the parking lot in front of the Cake Shop relevant variable Mr. Suncat’s decision not to attend graduate school irrelevant opportunity I have filled the chart out but was informed that I had an incorrect answer in each column, I am having trouble figuring out what I did incorrectly. Thank you!

Cost Relevant or Irrelevant? Sunk, Fixed, Variable, or Opportunity? Mortgage on the Cake Shop Irrelevant Fixed Wages for the Bakers Relevant Variable Mr. Suncat’s culinary school tuition Irrelevant Sunk Icing for the wedding cakes relevant variable Striping the parking lot in front of the Cake Shop relevant variable Mr. Suncat’s decision not to attend graduate school irrelevant opportunity I have filled the chart out but was informed that I had an incorrect answer in each column, I am having trouble figuring out what I did incorrectly. Thank you!

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter10: Protecting Your Property

Section: Chapter Questions

Problem 3FPE

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Cost	Relevant or Irrelevant?	Sunk, Fixed, Variable, or Opportunity?
Mortgage on the Cake Shop	Irrelevant	Fixed
Wages for the Bakers	Relevant	Variable
Mr. Suncat’s culinary school tuition	Irrelevant	Sunk
Icing for the wedding cakes	relevant	variable
Striping the parking lot in front of the Cake Shop	relevant	variable
Mr. Suncat’s decision not to attend graduate school	irrelevant	opportunity