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Exercise 2 3 - 3 ( Algo ) Sell or process LO P 2 Cobe Company has manufactured 2 6 5 partially finished cabinets at

Exercise 23-3(Algo) Sell or process LO P2
Cobe Company has manufactured 265 partially finished cabinets at a cost of $66,250. These can be sold as is for $79,500. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $15,900, and the finished cabinets could be sold for $106,000.
(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?
\table[[(a) Sell or Process Analysis,,],[Revenue,Sell As Is,Process Further],[Costs,,],[Income,,]]
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