Ch. 7 Learn Smart-Problem Solving Please select the correct answer and explain how you arrived at that answer based on the question below. "ABC lumber spent $1,000 cutting down a tree. The result was 40 pieces of unfinished lumber that sell for $20 each and 100 bags of sawdust that sell for $1.00 each. If the unfished pieces of lumber are processed into finished lumber at a cost of $8 each, they will sell for $35. A bag of sawdust can be processed into Presto Logs that sell for $1.25 at a cost of $.75 per bag. Which of the following statements are true concerning whether the unfished pieces of lumber should be processed into finished lumber and whether the sawdust should be processed into Presto Logs" 1) The pieces of lumber should be processed 2) The pieces of lumber should be sold as is without being processed into finished lumber 3) The $1,000 cost of cutting down the tree is relevant to the decision 4) The sawdust should be processed into Presto Logs 5) The sawdust should be processed as is without being processed into Presto Logs **In addition to calucating the numbers, please select all of the above answers that would apply"
Ch. 7 Learn Smart-Problem Solving
Please select the correct answer and explain how you arrived at that answer based on the question below.
"ABC lumber spent $1,000 cutting down a tree. The result was 40 pieces of unfinished lumber that sell for $20 each and 100 bags of sawdust that sell for $1.00 each. If the unfished pieces of lumber are processed into finished lumber at a cost of $8 each, they will sell for $35. A bag of sawdust can be processed into Presto Logs that sell for $1.25 at a cost of $.75 per bag. Which of the following statements are true concerning whether the unfished pieces of lumber should be processed into finished lumber and whether the sawdust should be processed into Presto Logs"
1) The pieces of lumber should be processed
2) The pieces of lumber should be sold as is without being processed into finished lumber
3) The $1,000 cost of cutting down the tree is relevant to the decision
4) The sawdust should be processed into Presto Logs
5) The sawdust should be processed as is without being processed into Presto Logs
**In addition to calucating the numbers, please select all of the above answers that would apply"
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