Information about sunk cost

Reference no: EM13119753

Grandy Company has 5,000 obsolete desk lamps that are carried in inventory at manufacturing costs of $50,000. If the lamps are reworked for $20,000, they could be sold for $35,000. Alternatively, the lamps could be sold for $8,000 scrap. In a decision model analyzing these alternative, the sunk cost would be?

Reference no: EM13119753

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