2. What relevant costs related to equipment should be taken Into account? A 30,000 B 21000 C 0000 D 525.000 correct 3. What are the staff-related relevant costs? A 3.000 El 13000 C 15.000 correct D None 4. What type of cost is the rent of the ofce space? A Sunk B Committed C Opportunity correct D Non relevant \fA1. IT design An IT consultancy is considering whether to complete a contract to design some software. It has already incurred. but not paid 45.000 for project management. If it completes the contract. it will earn 100.000 in revenue. Howeyer. if it does not continue. it could sell hardware equipment for 5.000 which originally cost 030.000 and has accumulated depreciation of 22000. If It completes the contract. it anticipates that this equipment will have no resale 1iralue. It employs IT consultants who will work on the project who are permanent employees and currently do not have any other work. It would charge their time to the project at 250 per hour and estimate that the project will take 00 hours. it will also have to take on short term clerical staff to meet the deadline which will cost 15.000. Stationery costs are expected to be 0.000. If it continues with the contract, it will not be able to rent out the ofce space for 40.000. 1. what type of costs are the project management fees? A Sunk B Releyaht C Committed correct D Opportunity