of A company is considering a short-term pricing decision for a contract that would utilise some Material that it has held in inventory for some time. The company does not foresee any other use for the material. The work would require 500 kg of Material P There are 250 kg of Material Pin inventory, which were bought some time ago at at cost of 6 per kg. The material held in inventory could be sold at a net scrap value of 1.50 per kg. The current purchase price of Material Pis per kg. What is the short-term relevant cost of Material for the company to use when making its pricing decision for this special contract? Insert your answer without a C-sign or a comma or dot just the plain number without commas and dots