British Columbia Lumber has a raw lumber division and a finished lumber division. The variable costs are as follows: Raw lumber division: $80 per 100 board-feet of raw lumber Finished lumber division: $90 per 100 board-feet of finished lumber Assume that there is no board-feet loss in processing raw lumber into finished lumber. Raw lumber can be sold at $155 per 100 board-feet. Finished lumber can be sold at $290 per 100 board-feet. Read the requirements. Requirement 1. Should British Columbia Lumber process raw lumber into its finished form? Show your calcu i X Begir Requirements rmula. (Use further 1. D 2. Should British Columbia Lumber process raw lumber into its finished form? Show your calculations. Assume that internal transfers are made at 110% of variable cost. Will each division maximize its division operating-income contribution by adopting the action that is in the best interest of British Columbia Lumber as a whole? Explain. Assume that internal transfers are made at market prices. Will each division maximize its division operating-income contribution by adopting the action that is in the best interest of British Columbia Lumber as a whole? Explain. 3. Print Done