Donnelly Imported Rashers 226g (8oz) Imported Irish bacon that you can trust. Donnelly cured bacon is imported from Ireland where the pigs are sourced only from Ireland. This imported Irish cured pork loin, sliced in our facility in the US, is the first imported cured Irish bacon available in the US since 2001!
Although the relevance of outlay costs is determined by the decision scenario, sunk costs are never relevant. The cost of the old machine is a sunk cost, not a future cost. This cost and the related depreciation result from the past decision to acquire the old machine.
Costs can be classified for decision making. Costs are important feature of many business decisions. For the purpose of decision making, costs are usually classified as differential cost, opportunity cost, and sunk cost.n general the difference (cost and revenue) between alternatives are relevant in decision making. Those items that are the same under all alternatives can be ignored. The accountant's differential cost concept can be compared to the economist's marginal cost concept.