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Oriole, Inc. produces a crop of chickens at a total cost of $58,000. The production generates 52,800 chickens which can be sold for $2 each
Oriole, Inc. produces a crop of chickens at a total cost of $58,000. The production generates 52,800 chickens which can be sold for $2 each to a slaughtering company, or the chickens can be slaughtered in house and then sold for $3.75 each. It costs $57,200 more to turn the annual chicken crop into chicken meat. (a) If Oriole slaughters the chickens, determine how much incremental profit or loss it would report. $
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