Each day, Ivanhoe Corporation processes 1 ton of a secret raw material into two resulting...
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Each day, Ivanhoe Corporation processes ton of a secret raw material into two resulting products, AB and XY When it processes ton of the raw material, the company incurs joint processing costs of $ It allocates $ of these costs to AB and $ of these costs to The resulting AB can be sold for $ Alternatively, it can be processed further to make at an additional processing cost of $ and sold for $ Each day's batch of can be sold for $ Or it can be processed further to create at an additional processing cost of $ and sold for $ What products should Ivanhoe Corporation make and sell.
The company should process
The company should not process and sell
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