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44 Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $62 to buy from farmers and $24 to crush
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Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $62 to buy from farmers and $24 to crush in the company's plant. Two intermediate products, beet fiber and beetjuice, emerge from the crushing process. The beet fiber can be sold as is for $45.00 or processed further for $26.50 to make the end product industrial fiber that is sold for $46.50. The beetjuice can be sold as is for $55.20 or processed further for $46.92 to make the end product refined sugar that is sold for $98. How much profit (loss) does the company make by processing the intermediate product beet juice into refined sugar rather than selling it as is? Multiple Choice Multiple Choice $(2812) $(90.12) $(37.42) O $(4.12) Step by Step Solution
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