Sunak plc is evaluating a new project that requires three types of material (P, Q and R). All material is required at the commencement of the new project. Data and further information relating to the material requirements are as follows: Material Quantity needed Quantity Original Current Current for the new currently in purchase price purchase resale price project (kg) inventory (kg) of inventory price (net) 1,500 1,000 15/kg E6/kg E4/kg 2,000 2,000 E8/kg E10/kg E7/kg 6,000 4,000 E12/kg E1 1/kg E10/kg Material P cannot be used by the company for any other purpose and will be sold if not used in the new project. Material Q is used regularly by the company in normal production. The 4,000kg of Material R currently held in inventory will not be required for any other future jobs. However, within the firm, the 4,000kg of Material R can be converted into 4,000kg of Material S at a cost of $2,000. Material S currently has many uses in the firm, and 4,000kg of Material S cost $43,000. What is the total relevant cost of material that should be included in the evaluation of this new project? E67,000 E75,000 MOODD E81,000 189,000 190,000