tion 11 0 out of 1 points Lela pic is assessing the financial impact of shutting down one of its loss making divisions. The divisional P&L, together with notes on the relevance of each cost item, x is presented below: Sales 100,000 Variable costs (40,000) Contribution 60,000 Staff salaries (30,000) All staff would be made redundant. Redundancy costs can be ignored This is an allocation of the total insurance premium ($100,000) for the company as a whole. The insurance company has indicated that it Insurance costs (18,000) would be prepared to reduce the total premium by 10% on closure of the division Marketing Allocated from head office. If the division were closed, the marketing team could be redeployed onto a new project earning $10,000 services (20,000) contribution per year Profit (8,000) What would be the total relevant COST to Leia of shutting down the division