#14

Holmes Company has already spent $92,000 to harvest peanuts. Those peanuts can be sold as is for $75,500. Alternatively, Holmes can process further into peanut butter at an additional cost of $565,500. If Holmes processes further, the peanut butter can be 50 ld for $809,250. (o) Prepare a sell as is or process further analysis of income effects (b) Should Holmes sell as is or process further