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QRS Has Extracted the Following Information from Its Inventory Records

Question 5

Multiple Choice

QRS has extracted the following information from its inventory records. Timber and metal are in regular use by the company but Plastic is no longer used by the company.  Inventory record  Quantity Purchase Replacement  Scrap  in stock price price value  Timber 150$11.50$12.00$3.25 Metal 40$6.75$6.90$1.76 Plastic 300$3.45$3.50$1.10\begin{array} {| l|l|l|l|l| }\hline\text { Inventory record }&\text { Quantity}&\text { Purchase}&\text { Replacement }&\text { Scrap }\\\hline&\text { in stock}&\text { price}&\text { price}&\text { value }\\\hline\text { Timber }&150 \$ 11.50 & \$ &12.00 &\$ 3.25\\\hline\text { Metal } & 40 & \$ 6.75& \$ 6.90 &\$ 1.76\\\hline\text { Plastic } & 300 &\$ 3.45 &\$ 3.50 & \$ 1.10\\\hline\end{array}
QRS has been asked to produce a special order which requires 110 pieces of timber, 80 pieces of metal and 400 pieces of plastic.
-The relevant cost of materials for the special order is closest to:


A) $2485
B) $2552
C) $3185
D) $3196

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