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Cobe Company has manufactured 250 partially finished cabinets at a cost of $62,500. These can be sold as is for $75,000. Instead, the cabinets can

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Cobe Company has manufactured 250 partially finished cabinets at a cost of $62,500. These can be sold as is for $75,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $15,000, and the finished cabinets could be sold for $100,000. (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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