04:08:18 Book Holmes Company has already spent $50,000 to harvest peanuts. Those peanuts can be sold as is for $67,500. Alternatively Holmes can process further into peanut butter at an additional cost of $312,500. If Holmes processes further, the peanut butter can be sold for $468,750. (a) Prepare a sell as is or process further analysis of income effects. (b) Should Holmes sell as is or process further? (a) Sell or Process Analysis Revenue: Costs Income Sell as is Process Further Hint (b) The company should: Print References