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Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $29,000. The oranges can be sold as is for $34,160. The

Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $29,000. The oranges can be sold as is for $34,160. The oranges can be processed further into orange juice at an additional cost of $12,825 and be sold at a price of $50,550. The net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be:

rev: 12_08_2020_QC_CS-243270

Multiple Choice
  • $3,565.

  • $37,725.

  • $(16,390).

  • $(3,565).

  • $16,390.

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