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Cobe Company has manufactured 230 partially finished cabinets at a cost of $57,500. These can be sold as is for $69,000. Instead, the cabinets can

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Cobe Company has manufactured 230 partially finished cabinets at a cost of $57,500. These can be sold as is for $69,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $13,800, and the finished cabinets could be sold for $92,000. (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? Varto Company has 10,800 units of its product in inventory that it produced last year at a cost of $159,000. This year's model is better than last year's, and the 10,800 units cannot be sold at last year's normal selling price of $47 each. Varto has two alternatives for these units: (1) They can be sold as is to a wholesaler for $140,400 or (2) they can be processed further at an additional cost of $190,500 and then sold for $324,000. (a) Prepare a sell as is or process further analysis of income effects. (b) Should Varto sell the products as is or process further and then sell them

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