Collage Ltd is considering closing one of its divisions. Operating data on this division follows:

Sales	$120,000
Variable costs	46,000
Overhead	60,000

Overhead consists of $50,000 in salary and $10,000 for rent and insurance. The salary is for the production manager, who will continue to work for Collage even if the division is closed. Rent and insurance cost will cease if the division is closed.

With respect to the decision whether to close this particular decision (or not), rent and insurance are:

Group of answer choices

Irrelevant costs

Engineered costs

Relevant costs

Unavoidable costs

Opportunity costs