state the opportunity costthe net selling price, Managerial Accounting

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state the opportunity costthe net selling price

State the Opportunity cost

The net selling price, rental value or transfer value which could be obtained at a point in time if a particular asset or group of the assets were to be sold, hired, or put to some alternative use available to the owner at the time is the opportunity cost.

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Managerial Accounting: state the opportunity costthe net selling price

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