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work Exercise 2 3 - 3 ( Algo ) Sell or process LO P 2 Cobe Company has manufactured 2 9 5 partially finished cabinets

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Exercise 23-3(Algo) Sell or process LO P2
Cobe Company has manufactured 295 partially finished cabinets at a cost of $73,750. These can be sold as is for $88,500. Instead, the cabinets can be stalned and fitted with hardware to make finished cabinets. Further processing costs would be $17,700, and the finished cabinets could be sold for $118,000.
(a) Prepare a sell as is or process further analysis of income effects.
(b) Should the cabinets be sold as is or processed further and then sold?
\table[[(a) Sell or Process Analysis,Sell As is,Process Further],[Revenue,,],[Costs,,],[Income,,]]
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