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Sheridan, Inc. produces a crop of chickens at a total cost of $74,900. The production generates 68,400 chickens which can be sold for $3 each
Sheridan, Inc. produces a crop of chickens at a total cost of $74,900. The production generates 68,400 chickens which can be sold for $3 each to a slaughtering company, or the chickens can be slaughtered in house and then sold for $4.75 each. It costs $74,100 more to turn the annual chicken crop into chicken meat.
If Sheridan slaughters the chickens, determine how much incremental profit or loss it would report
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