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Cobe Company has manufactured 300 partially finished cabinets at a cost of $75,000. These can be sold as is for $90,000. Instead, the cabinets can

Cobe Company has manufactured 300 partially finished cabinets at a cost of $75,000. These can be sold as is for $90,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $18,000, and the finished cabinets could be sold for $120,000.


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Exercise 25-3 (Algo) Sell or process LOP2 Cobe Company has manufactured 300 partially finished cabinets at a cost of $75,000. These can be sold as is for $90,000. Instead. the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $18,000, and the finished cabinets could be sold for $120.000. (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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