"Nova Company has 2,000 obsolete light fixtures that are carried in inventory at a manufacturing cost of Ph 30,000. If the fixtures are reworked for Ph 10,000 if could be sold for Ph 18,000....

Extracted text: "Nova Company has 2,000 obsolete light fixtures that are carried in inventory at a manufacturing cost of Ph 30,000. If the fixtures are reworked for Ph 10,000 if could be sold for Ph 18,000. Alternately, the light fixtures could be sold for Ph 3,000 to a jobber located in a distant city. In a decision model analyzing these alternatives, the opportunity cost would be Ph 3,000 Ph 10,000 Ph 13,000 Ph 30,000