Help Save & Exit Sul Contract Revenue Materials Labor Depreciation on Equipment Cost Incurred for Consulting Advice Allocated Portion of Overhead Contract X $200,000 10,000 88,000 8,000 1,500 5,000 Contract 2 $ 260,000 10,000 120,000 10,000 1,500 3,000 The equipment was purchased last year and has no resale value. Which of these amounts is relevant for the selection of one contract over another? Contract revenue and labor costs O Materials, consulting advice and allocated overhead Oo oo Cost of consulting advice and allocated overhead ) Contract revenue, labor costs and depreciation on equipment