Calgary Lumber has a raw lumber division and a finished lumber division. The variable costs are: - Raw lumber division: $125 per 100 board-feet of raw lumber - Finished lumber division: $155 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 $250 per 100 board-feet. Finished lumber can be sold at $355 per 100 board-feet. Requirement 1. Should Calgary Lumber process raw lumber into its finished form? Show your calculations. Begin by selecting the formula you will use to make your decision. Then enter the amounts in the formula. (Use parentheses or a minus sign when entering losses.) =Gain(loss)onfurtherprocessing= Based on above, Calgary Lumber process raw lumber into its finished form. Explain. sign when entering losses.) Requirements 1. Should Calgary Lumber process raw lumber into its finished form? Show your calculations. 2. 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 Calgary Lumber as a whole? Explain. 3. Assume that internal transfers are made at market prices. Will each division maximize its division operating-income contribution by adopting the action that Iculator Is in the best interest of Calgary Lumber as a whole? Explain