Exercise 10-3 (Algo) Sell or process LO P2 Cobe Company has manufactured 245 partially finished cabinets at a cost of $61,250. These can be sold as is for $73,500. Instead, the cabinets can be stained and fitted with hardware to make finished cabinets. Further processing costs would be $14700, and the finished cabinets could be sold for $98,000. (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? Soll As Is Process Further $ 98,000 (a) Sell or Process Analysis Revenue Costs Income Incremental income (loss) to process further (b) The company should: Process further