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Item 2 2 . 5 points eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem 2 QS 2 3 - 7 ( Algo ) Sell

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QS 23-7(Algo) Sell or process LO P2
Holmes Company has already spent $68,000 to harvest peanuts. Those peanuts can be sold as is for $79,500. Alternatively, Holmes can process further into peanut butter at an additional cost of $572,750. If Holmes processes further, the peanut butter can be sold for $938,125.
(a) Prepare a sell as is or process further analysis of income effects.
(b) Should Holmes sell as is or process further?

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