Holmes Company has already spent $62,000 to harvest peanuts. Those peanuts can be sold as is for $99,500. Alternatively, Holmes can process further into peanut butter at an additional cost of $605,625. If Holmes processes further, the peanut butter can be sold for $998,750. (a) Prepare a sell as is or process further analysis of income effects. (b) Should Holmes sell as is or process further? (a) Sell or Process Analysis Sell as is Process Further Revenue Costs Income (b) The company should: Cobe Company has manufactured 210 partially finished cabinets at a cost of $52,500. These can be sold as is for $63,000. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $12,600, and the finished cabinets could be sold for $84,000. (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? (a) Sell or Process Analysis Revenue Costs Income Incremental income (loss) to process further (b) The company should: Sell As Is Process Further