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another person at chegg did this and it was wrong please do again. Cobe Company has manufactured 220 partially finished cabinets at a cost of
another person at chegg did this and it was wrong please do again.
Cobe Company has manufactured 220 partially finished cabinets at a cost of $55,000. These can be sold as is for $66,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $13,200, and the finished cabinets could be sold for $88,000. (a) Prepare a sell as is or process further analysis of income effects. (b) Should the cabinets be sold as is or processed further and then sold? X Answer is complete but not entirely correct. (a) Sell or Process Analysis Sell As Is Process Further 88,000 Revenue $ 66,000 $ Costs 55,000 x 68,200 x Income $ 11,000 X $ 19,800 X Incremental income (loss) to process further $ 8,000 X (b) The company should: Process further
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