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Business, 03.01.2020 01:31 lexas7961

Hamby corporation is preparing a bid for a special order that would require 780 liters of material w34c. the company already has 640 liters of this raw material in stock that originally cost $8.30 per liter. material w34c is used in the company's main product and is replenished on a periodic basis. the resale value of the existing stock of the material is $7.60 per liter. new stocks of the material can be readily purchased for $8.35 per liter. what is the relevant cost of the 780 liters of the raw material when deciding how much to bid on the special order?

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