Donnelly Imported Rashers 226g (8oz) Imported Irish bacon that you can trust. Donnelly cured bacon is imported from Ireland where the pigs are sourced only from Ireland. This imported Irish cured pork loin, sliced in our facility in the US, is the first imported cured Irish bacon available in the US since 2001!
Although the relevance of outlay costs is determined by the decision scenario, sunk costs are never relevant. The cost of the old machine is a sunk cost, not a future cost. This cost and the related depreciation result from the past decision to acquire the old machine.
Relevant costs are decision specific, meaning that a relevant cost may be important in one situation but irrelevant in another. Examples of when management uses relevant costs can be seen when it is determining whether to sell or keep a business unit, make or buy an item, or accept a special order. RELATED TERMS.