Global Conglomerates has a new product that requires 150kg of material Y876, which is in continual use
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Global Conglomerates has a new product that requires 150kg of material Y876, which is in continual use within the firm. There are 100 kg in stock that cost £11.00/kg. The replacement value is £12.50/kg and the scrap value is £2.00/lcg. Calculate the relevant cost of the material to be used in the new product.
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