A company requires 600 kg of raw material Z for a contract it is evaluating. It has 400 kg of material Z in stock which were purchased last month. Since then the purchase price of material Z has risen by 8% to £27 per kg. Raw material Z is used regularly by the company in normal production. What is the total relevant cost of raw material Z to the contract? A £15,336 B £15,400 C £16,200 D £17,496 C
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