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Cobe Company has manufactured 245 partially finished cabinets at a cost of $61,250. These can be sold as is for $73,500. Instead, the cabinets can
Cobe Company has manufactured 245 partially finished cabinets at a cost of $61,250. These can be sold as is for $73,500. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $14,700, and the finished cabinets could be sold for $98,000. (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
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