Question: Question 16 (4 points) A Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $56 to buy from farmers and

 Question 16 (4 points) A Beet Processors, Inc., processes sugar beets

Question 16 (4 points) A Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $56 to buy from farmers and $13 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $24 or processed further for $12 to make the end product industrial fiber that is sold for $31. The beet juice can be sold as is for $52 or processed further at a cost of $33 to make the end product refined sugar that is sold for $96. What is the financial advantage (disadvantage) for the company from processing the intermediate product beet juice into refined sugar rather than selling it as is? (Note: If financial advantage, just enter your final calculated number; If financial disadvantage, write your final calculated number in parentheses. Do not enter $ or comma)

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