Exercise $10-3($Algo$)$ Sell or process LO P$2$

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 stained 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?