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Exercise 10-3 (Algo) Sell or process LO P2 Cobe Company has manufactured 225 partially finished cabinets at a cost of $56,250. These can be sold
Exercise 10-3 (Algo) Sell or process LO P2 Cobe Company has manufactured 225 partially finished cabinets at a cost of $56,250. These can be sold as is for $67,500. Instead. the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $13.500, and the finlshed cabinets could be sold for $90,000. (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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