content area top Part 1 Mastic Lumber has a raw lumber division and a finished lumber division. The variable costs are as follows: raw lumber division: $ 140 per 100 board-feet of raw lumber; and finished lumber division: $ 140 per 100 board-feet of finished lumber. Raw lumber can be sold at $ 280 per 100 board-feet. Finished lumber can be sold at $ 450 per 100 board-feet. Based on a calculation of operating income, is it more profitable for Mastic Lumber to produce and sell raw lumber or transfer raw lumber to another division to produce finished lumber? Note: The Finished Lumber Division must transfer in material at market rates. Question content area bottom Part 1 Find the net income for the raw lumber division using the table below. (Use parentheses or a minus sign for a loss.) Raw Lumber Division Revenue less variable costs Net income Part 2 Find the net income for the finished lumber division using the table below. (Use parentheses or a minus sign for a loss.) Finished Lumber Division Revenue less transferred-in costs less division variable costs Net income Part 3 Having the raw lumber division to sell directly to market and not