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Tigers Co regularly uses material K and currently has in inventory 1,500 litres for which it paid $13,500 three weeks ago. If this were to be sold as raw material, it could be sold today for $6.00 per litre. The management accountant knows that the material can be bought on the open market for $8.9 per litre, but it must be bought in batches of 3,000 litres. What is the relevant cost of 1,720 litres of material K? Relevant cost is $________ |