Smith Chemical has spent $243,000 to refine 72,000 gallons of acetone, which can be sold for $2.30 a gallon. Alternatively, Smith Chemical can process the acetone further. This processing will yield a total of 59,000 gallons of lacquer thinner that can be sold for $3.30 a gallon. The additional processing will cost $0.55 per gallon of lacquer thinner. To sell the lacquer thinner, Smith Chemical must pay shipping of $0.22 a gallon and administrative expenses of $0.11 a gallon on the thinner Re 1. 2. turther Consequently, this sunk cost orS 2s3 UuU Is Lmeevamto the sell or process turther deasion Requirement 2. Should Smith sell the acetone as is or process it into lacquer thinner? Show the expected net revenue d in the Difference column if the Sell As Is amount exceeds the Process Further amount) Sell As Is Process Further Difference Sales revenue Less Net benefit to operating income per batch Decision: Process further into lacquer thinner Additional processing costs to convert lacquer thinner Choose from any list or enter any number in the input fields and then continue to the next question Type here to search 5