Question
Instructions: Complete the following assigned problem. Work must be completed in Excel. (sell or process further decision) Sell or Process Further Great Lakes Boat Company
Instructions: Complete the following assigned problem. Work must be completed in Excel.
(sell or process further decision)
Sell or Process Further Great Lakes Boat Company manufactures sailboat hulls at a cost of $4,200 per unit. The hulls are sold to boat- yards for $5,000. The company is evaluating the desirability of adding masts, sails, and rigging to the hulls prior to sale at an additional cost of $1,500. The completed sailboats could then be sold for $6,000 each. Required Determine whether the company should sell sailboat hulls or process them further into complete sailboats.Assume sales volume will not be affected.
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