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Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $26,600. The oranges can be sold as is for $30,320. The
Graham Corporation has 1,000 cartons of oranges that were harvested at a cost of $26,600. The oranges can be sold as is for $30,320. The oranges can be processed further into orange juice at an additional cost of $12,525 and be sold at a price of $46,350. The incremental income (loss) from processing the oranges into orange juice would be: Multiple Choice O O $16,030. $(16,030). $(3,505). O $3,505.
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