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Wooly Inc. processes sheeps wool for textiles. It costs $2.00 per pound to collect the wool. The textile grade wool is separated for an additional

Wooly Inc. processes sheeps wool for textiles. It costs $2.00 per pound to collect the wool. The textile grade wool is separated for an additional $0.60 per pound. Non-textile grade wool is a by-product from the separation process. The company can sell the non-textile grade wool for $12 per pound as is. Or, they process the non-textile grade wool into natural scrubbers for an additional $1,200. They can sell the scrubbers for $14 each. Each scrubber takes one pound of wool to make. The company has 1,000 pounds of non-textile grade wool that could be used to make 1,000 scrubbers. What would be the total effect of processing the non-textile grade wool into scrubbers?

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