Question 40 2 pts Management of a company is considering renting a new piece of equipment for their factory. If management decides to rent this new equipment, they would have to pay fixed rent on the machine each year. However, management believes it would help save considerably on direct labor costs. All else would be unaffected. Based on this scenario, identify the following items as either relevant or irrelevant, in order from first to last: (1) Direct labor (2) Sales (3) Fixed expenses Relevant; relevant; relevant O Irrelevant; relevant; irrelevant Irrelevant; irrelevant; relevant Relevant; irrelevant; relevant Next Previous F9 F8 F7