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Identify relevant costs and sunk costs

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Central Medical Supply, Inc., a manufacturer of medical testing equipment, has $240,000 worth  of an obsolete line of testing equipment. The obsolete equipment can be adapted to fit another line  of testing equipment at a cost of $64,000; the market value would then be $136,000. However,  Tripac Ltd. has offered to purchase the obsolete equipment as is for $88,000.

Problem 1: Identify relevant costs, sunk costs, opportunity cost, incremental costs (if any) in this problem.

Reference no: EM132656266

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