Reference no: EM133081521
Question - Kitchener Ltd purchased a large quantity of special paper for $10,000. It then spent an additional $500 to bind the paper into booklets, which it can sell. for $12,000 in total. Recentlry, Kitchener considered adding a decorative cover to the booklets and then sell them for $14,000 in total. The cost of adding the additional cover is $1,700. Which amounts are relevant to the decision?
1) All amounts in the questions are relevant.
2) $10,000, $500, $1700 and $14000
3) $1700, $12000 and $14000
4) $10,000,$500,$12,000 and $14,000