Jennifer has turned her hobby of grinding her own corn into a small business. After grinding the corn into cornmeal, she has two identifiable products: the cornmeal and the grits. She sells the grits to another local business, which uses them as an input for its own products, while she turns the cornmeal into cornbread muffin mixes. In a normal month, she produces 100 pounds of fresh cornmeal, which is worth $1.75/pound in that form. Jennifer incurs an additional cost of $150 to turn the cornmeal into muffin mixes; at that point, she has 190 pounds of muffin mix and can sell the mix for $3.85/pound. Determine if Jennifer is better or worse off by turning the cornmeal into muffin

Jennifer has turned her hobby of grinding her own corn into a small business. After grinding the corn into cornmeal, she has two identifiable products: the cornmeal and the grits. She sells the grits to another local business, which uses them as an input for its own products, while she turns the cornmeal into cornbread muffin mixes. In a normal month, she produces 100 pounds of fresh cornmeal, which is worth $1.75 /pound in that form. Jennifer incurs an additional cost of $150 to turn the cornmeal into muffin mixes; at that point, she has 190 pounds of muffin mix and can sell the mix for $3.85 /pound. Determine if Jennifer is better or worse off by turning the cornmeal into muffin mix, and by how much. (Round answer to 2 decimal places, e.g. 15.25.) Jennifer is by $ to process the cornmeal further into muffin mix