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ABC company has decided to add to its current range of products by making a new product, Alpha, with an expected life of 4 years.

ABC company has decided to add to its current range of products by making a new product, Alpha, with an expected life of 4 years. Production will require the use of a special machine.

In the above scenario what is the relevant cost for the new project of product Alpha for ABC company? can you explain above with numerical figures.

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