Problem
Coackley Beet Processors, Inc process sugar beets in batches. A batch of sugar beets costs $54.00 to buy from farmers and $16.00 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The bit fiber can be sold as is for $30.00 or processed further for $22.00 to make the end product industrial fiber that is sold for $42.00 The beet juice can be sold as is for $50.00 or processed further for $34.00 to make the end product refined sugar that is sold for $76.00. How much profit (loss) does the company make by processing the intermediate product beet juice into refined sugar rather than selling it as is?
1) ($37) 2) ($60) 3) ($8) 4) ($6) ?