Costs that have been incurred and cannot be reversed. Sunrise industries Growth industries in an economy that may become leaders in the market in the future.
Costs which have already been made and can not be recovered.... more on: Sunk costs
unavoidable costs (even if the project were to be terminated)
money already spent and gone, which will not be recovered no matter what course of action is taken. Bad decisions are made when managers attempt to recoup sunk costs.
Costs that have been invested in assets for which there is little (or any) alternative or continued value except salvage. Using sunk costs as a basis for evaluating alternatives may lead to incorrect decisions. Examples are the invested cost in a scrap part of the cost of an obsolete machine.
Costs which have already been incurred or irrevocably committed and where the goods or services procured have no future alternative use at the time of taking the decision.
are expenditures that have been incurred and cannot be recovered if operations are discontinued.
The cost of productive inputs (factors) that have already been purchased.
Costs which have been incurred and cannot be reversed.
theoretically those prior costs which cannot be recovered. For normal accounting purposes the sunk cost is the difference between book value and salvage value of an asset.