Park corporation is preparing a bid for a special order that would require 780 liters of material sun100. the company already has 580 liters of this raw material in stock that originally cost $6.80 per liter. material sun100 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 $6.05 per liter. new stocks of the material can be readily purchased for $7.15 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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Park corporation is preparing a bid for a special order that would require 780 liters of material su...
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