In the following independent situations, identify the type of cost and state whether it is relevant/non-relevant in managerial decision making: (i)…

In the following independent situations, identify the type of cost and state whether it is relevant/non-relevant in managerial decision making: (i) A Limited owns a commercial space of 1500 square feet and uses the same for its own office accommodation purposes. Similar office is available nearby on rent of 30,000 per month. (ii) MNC Limited has paid 1 Lakh as rent for a factory shed which is temporarily closed for the last two months. (iii) Beta Company has paid 3 Lakhs to a market research agency to find out the market demand of the innovative product developed by the company. (iv) Zen LLP has paid incentive of 5 Lakhs @ 1% on sales to the salesmen for achieving sales beyond the expected sales of 25 Lakhs per month per salesman. (v) A start-up company has invested 50 Lakhs in Project P. The company could have earned interest of 3 Lakhs by investing the amount in a bank fixed deposit @ 6% per annum.