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CocoaJoy processes cocoa beans into cocoa powder at a processing cost of $10,100 per batch. Cocoajoy can sell the cocoa powder as is, or it

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CocoaJoy processes cocoa beans into cocoa powder at a processing cost of $10,100 per batch. Cocoajoy can sell the cocoa powder as is, or it can process the cocoa powder further into chocolate syrup or boxed assorted chocolates. Once processed, each batch of cocoa beans would result in the following sales revenue (Click the icon to view the sales revenue.) The cost of transforming the cocoa powder into chocolate syrup would be $67.000 Likewise, the company would incur $175,000 to transform the cocoa powder into boxed assorted chocolates. The company president has decided to make boxed assorted chocolates owing to its high sales value and to the fact that the $10,100 cost of processing cocoa beans "eats up" most of the cocoa powder profits. Has the president made the right or wrong decision? Explain your answer. Sell as Sell as Sell as Cocoa Chocolate Assorted Powder Syrup Chocolates Less: Net benefit The president has made the select a label) decision for the following reasons: (If an input field is not used in the table, leave the input field empty, do not Data Table Cocoa powder Chocolate syrup Boxed assorted chocolates $ 15,000 S 101,000 $ 196,000 Choose from any list or enter any number in th Print Done

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