Assume that a laundromat is considering replacing all of its washing machines. The new washing machines use less energy to operate than the existing washing machines. Two costs that have been discussed by various employees with respect to this decision include (1) the utility cost for energy cost) that would continue to be incurred if the company decides to keep its existing washing machines, and (2) the price the company could charge to sell its existing washing machines (also called the machines salvage value). Which of the following choices properly classifies each of these costs as being relevant or irrelevant in the decision to keep or replace the washing machines? Cost: Utility cost Cost: Associated with Keeping the Existing Salvage Value of the Washing Machines Existing Washing Machines Relevant Irrelevant Relevant Irrelevant A) No Yes No Yes B) Yes No No Yes c) Yes No Yes D) Yes Yes No No 5 NO Multiple Choice Choice A Choice Multiple Choice O Choice A Choice B Choice C Choice D