Select the costs that are relevant in the following decision, from the list below: A company is deciding whether to replace an old machine with a new one. The new machine is more efficient allowing the company to increase the number of units produced and sold, within the relevant range. The old machine would be sold. (5 marks) Fixed selling and administrative expenses Fixed manufacturing overhead Disposal value of the old machine Direct labour Direct materials Purchase price of the new machine Sales revenue Book value of the old machine Variable manufacturing overhead Variable selling and administrative expenses