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A company needs 1103 units of material B1 to fulfill an order. The following inf...

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A company needs 1103 units of material B1 to fulfill an order. The following information is available for material B1:

Quantity held in stock: 111

Historic cost: 8

Sales value: 8.5

Replacement cost: 14

Material B1 is frequently used by the business.

What is the relevant cost for material B1 to fulfill the order? Format: 10000.00

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