Assume Yankee Candle, owned by Newell Brands, Inc., produces and sells $8,000$ specialty candles per month and has the capacity to produce $10,000$ units per month. Yankee Candle is evaluating a one$-$time, special order for $4,000$ units from T$.$J$.$ Maxx. Accepting the order will increase variable manufacturing costs and certain fixed selling and administrative costs. It will also require the company to forego the sale of

$2,000$ units to regular customers.

Presented below are a number of statements related to the proposal followed by a list of cost terms. For each statement, select the most appropriate cost term. Each term may be used only once. Not every term will be used.

Cost term

Statements

Relevant revenues

$1.$ Increased revenues from special order

Opportunity cost

$2.$ Lost contribution margin from foregone sales to regular customers

Irrelevant fixed outlay cost

$3.$ Revenues from $8,000$ units sold to regular customers

Relevant variable outlay cost

$4.$ Increase in fixed selling and administrative expenses

Sunk cost

$5.$ Cost of existing equipment used to produce special order

$$0.$

What is the net advantage or disadvantage of replacement of these registers?

Note: Enter any net disadvantage as negative.