A company requires 600kg of raw material Z for a contract it is evaluating. It has 400kg
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A company requires 600kg of raw material Z for a contract it is evaluating. It has 400kg of material Z in stock which were purchased last month. Since then the purchase price of material Z has risen by 8 per cent to £27 per kg. Raw material Z is used regularly by the company in normal production.
What is the total relevant cost of raw material Z to the contract?
(a) £15,336
(b) £15,400
(c) £16,200
(d) £17,496
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ISBN: 9781138550650
8th Edition
Authors: Colin Drury, Mike Tayles
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