C W URU nis shows what is correct or incorrect for the work you have completed so far. It does not indicate compir American Chemical Company manufactures a chemical compound that is sold for $50 per gallon. A new variant of the chemical has been discovered, and if the basic compound were processed into the new variant, the selling price would be $83 per gallon. American et for the new compound variant to be 8,800 gallons initially and determines that processing costs to refine the basic compound into the new variant would be $167,200. Required: a. What would be the effect on total profit if American produces the new compound variant? Answer is not complete. If American produces the new compound, profit will increase by MA.. b. Should American produce the new compound variant? Yes No