Inventory Historic cost Sales value Replacement (/unit) (/unit) cost (/unit) Component X 10 15 18 Component Y 25 17 20 Component Z 35 40 50 Component X is in constant use in business. We currently have 150 units of Component X. Component Y was bought several years ago and there are 200 units in stock which has no current use in business. It could be sold at sales value of 17 per unit. Component Z is in constant use in business. We currently have 50 units of Component Z. For a New Project 1, we need 100 units of Component X and 600 units of Component Y and 100 units of Component Z. Required: Calculate the total relevant cost to be included for components X, Y and Z for this New Project 1 and briefly explain the rationale for your choice for each component. (Total: 5 points)