1 Use open shelving and do not cover food with foil. 2  Checks foods in multiple locations throughout a cold storage area; temperature may not be uniform.  For ready-to-eat foods prepared on-site, label and comply with storage time standards (seven days maximum for food held at 41Âº F or below).
A sunk cost is a cost that an entity has incurred, and which it can no longer recover by any means. Sunk costs should not be considered when making the decision to continue investing in an ongoing project, since you cannot recover the cost. However, many managers continue investing in projects because of the sheer size of the amounts already invested in the past.
Once spent, such costs are sunk and should have no effect on future pricing decisions. The company will charge market prices whether R&D had cost one dollar or one million dollars. Therefore, the costs of R&D are considered sunk once they are retrospective and irrecoverable. At that point, they have no rational bearing on further investment decisions.