Holmes Company has already spent $78,000 to harvest peanuts. Those peanuts can be sold as is for $69,500. Alternatively, Holmes can process further into peanut butter at an additional cost of $596,250. If Holmes processes further, the peanut butter can be sold for $1,023,750. (a) Prepare a sell as is or process further analysis of income effects. (b) Should Holmes sell as is or process further
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