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Exercise 14-37 Special Order (LO 14-4, 14-5) [The following information applies to the questions displayed below.] Intercontinental's special order requires 1,900 kilograms of genatope, a

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Exercise 14-37 Special Order (LO 14-4, 14-5) [The following information applies to the questions displayed below.] Intercontinental's special order requires 1,900 kilograms of genatope, a solid chemical regularly used in the company's products. The current stock of genatope is 8,400 kilograms at a book value of 8.40 p per kilogram. If the special order is accepted, the firm will be forced to restock genatope earlier than expected, at a predicted cost of 9.00 p per kilogram. Without the special order, the purchasing manager predicts that the price will be 8.60p when normal restocking takes place. Any order of genatope must be in the amount of 6,000 kilograms. Exercise 14-37 Part 1 Required: 1. What is the relevant cost of genatope? (Enter your answer in pesos.)

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