1.1 A company is evaluating a project that requires 400kg of raw material X. The company has 150kg of X in stock that were purchased six months ago for K55 per kg. The company no longer has any use for X. The inventory of X could be sold for K40 per kg. The current purchase price for X is K53 per kg. What is the total relevant cost of raw material X for the project? K17,950 B. K19,250 C. A. K21,200 D. K21,500