A business has recently purchased a tonne of PVC material at a cost of 350. The material

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Question:

A business has recently purchased a tonne of PVC material at a cost of £350. The material could be sold immediately for £320 or it could be used as a substitute for another type of material that cost £310 per tonne. The PVC material is in continuous use within the business, and its replacement cost is £360 per tonne.

What is the relevant cost of the material?