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Log Jam Furniture, LLC is preparing a bid for a special order of custom furniture that would require 3 0 gallons of walnut stain. The

Log Jam Furniture, LLC is preparing a bid for a special order of custom furniture that would require 30 gallons of walnut stain. The company regularly replenishes walnut stain inventory on an ongoing basis because it is used to manufacture many products. The company already has 20 gallons of walnut stain in stock; this existing inventory was purchased at a cost of $50.00 per gallon. The resale value of the existing stain is $40.00 per gallon. New quantities of walnut stain can currently be purchased for $60.00 per gallon. What is the relevant cost of 30 gallons of walnut stain when determining pricing for the special order?

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