Requirement 3. What cost numbers in the problem were irrelevant to your analysis? Explain why they were irrelevant. Relevant items are past costs and revenues that differ among alternatives. Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information Additional variable costs to reprocess the beans, $680 Additional variable costs to reprocess the beans, $680 Cost per pound to ship the beans to retail stores, $0.45 Fixed costs of the initial bean processing, $1,200 Initial cost (purchase price) of the 800-pounds of beans, $700 Sale price per pound of the beans as is, $4.20 Sale price per pound of the beans once processed further, $5.90 Variable costs of the initial bean processing, $240 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 3. What cost numbers in the problem were irrelevant to your analysis? Explain why they were irrelevant. Relevant items are past costs and revenues that differ among alternatives. Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information Additional variable costs to reprocess the beans, $680 Additional variable costs to reprocess the beans, $680 Cost per pound to ship the beans to retail stores, $0.45 Fixed costs of the initial bean processing, $1,200 Initial cost (purchase price) of the 800-pounds of beans, $700 Sale price per pound of the beans as is, $4.20 Sale price per pound of the beans once processed further, $5.90 Variable costs of the initial bean processing, $240 Choose from any list or enter any number in the input fields and then continue to the next question. Espresso Escape purchases and roasts high-quality, whole-bean coffees, its hallmark, and sells them, along with other coffee-related products primarily through its company-operated retail stores. Suppose that the quality control manager at Espresso Escape discovered a 800-pound batch of roasted beans that did not meet the company's quality standards. Company policy would not allow such beans to be sold with the Espresso Escape name on them. However, they could be reprocessed, at which time they could be sold by Espresso Escape's retail stores, or they could be sold as is on the wholesale coffee bean market. (Click the icon to view the additional information.) Read the requirements. Requirement 1. Should Espresso Escape sell the beans on the market as is for $4.20 per pound, or should the company reprocess the beans and sell them through its own retail stores? Why? Begin by completing the table below to determine which alternative results in the most net revenue to Espresso Escape. (Complete all answer boxes.) Sell as-is Process further Total revenue Less: Additional processing costs Shipping costs Net revenue Should Espresso Escape sell the beans on the market as is for $4.20 per pound, or should the company reprocess the beans and sell them through its own retail stores? Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information Requirement 3. What cost numbers in the problem were irrelevant to your analysis? Explain why they were irrelevant. Relevant items are past costs and revenues that differ among alternatives. Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information Additional variable costs to reprocess the beans, $680 Additional variable costs to reprocess the beans, $680 Cost per pound to ship the beans to retail stores, $0.45 Fixed costs of the initial bean processing, $1,200 Initial cost (purchase price) of the 800-pounds of beans, $700 Sale price per pound of the beans as is, $4.20 Sale price per pound of the beans once processed further, $5.90 Variable costs of the initial bean processing, $240 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 3. What cost numbers in the problem were irrelevant to your analysis? Explain why they were irrelevant. Relevant items are past costs and revenues that differ among alternatives. Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information Additional variable costs to reprocess the beans, $680 Additional variable costs to reprocess the beans, $680 Cost per pound to ship the beans to retail stores, $0.45 Fixed costs of the initial bean processing, $1,200 Initial cost (purchase price) of the 800-pounds of beans, $700 Sale price per pound of the beans as is, $4.20 Sale price per pound of the beans once processed further, $5.90 Variable costs of the initial bean processing, $240 Choose from any list or enter any number in the input fields and then continue to the next question. Espresso Escape purchases and roasts high-quality, whole-bean coffees, its hallmark, and sells them, along with other coffee-related products primarily through its company-operated retail stores. Suppose that the quality control manager at Espresso Escape discovered a 800-pound batch of roasted beans that did not meet the company's quality standards. Company policy would not allow such beans to be sold with the Espresso Escape name on them. However, they could be reprocessed, at which time they could be sold by Espresso Escape's retail stores, or they could be sold as is on the wholesale coffee bean market. (Click the icon to view the additional information.) Read the requirements. Requirement 1. Should Espresso Escape sell the beans on the market as is for $4.20 per pound, or should the company reprocess the beans and sell them through its own retail stores? Why? Begin by completing the table below to determine which alternative results in the most net revenue to Espresso Escape. (Complete all answer boxes.) Sell as-is Process further Total revenue Less: Additional processing costs Shipping costs Net revenue Should Espresso Escape sell the beans on the market as is for $4.20 per pound, or should the company reprocess the beans and sell them through its own retail stores? Based on the definition of relevant data, the following items are irrelevant to the analysis in requirement 1. (Select all that apply. Leave any unused cells blank.) Irrelevant information