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Question 2 1 pts Global Chemical Company recently received an order for a product that it does not normally produce. Since the company has a spare production capacity. management is considering accepting the order. In analysing the decision. the assistant accountant is compiling the relevant cost of producing the order. Production of the special order would require 8000 kilograms of theolite. Global Chemical Company does not use theolite for its regular product but the rm has 8000 kilograms of the chemical on hand from the days when it used theolite regularly. The theolite can be sold to a chemical wholesaler for Php 14.500. The carrying amount of the theolite is Php 2/kilogram. Global Chemical Company could buy the theolite for Php 2.40/kilogram. Required: 1. What is the relevant cost of the theolite for the purpose of analysing the special order decision? 2. Discuss each item of numerical data given in the exercise with regards to its relevance in making the decision Edit View Insert Format Tools Table 12w Paragraphv B I 2 Av 2v T'V 00v av Elev lav 9v av Ev g :9 EV a a