Question - Swine Enterprises produces hams from locally raised pigs. The of getting the meat ready for the market is $1 per pound. Hams weigh and of 12 pounds and sell for $1.50per pound. The company can smoke the hams for and additional $0.50 per pound. The smoke hams would sell for $2.25 per pound.
Should the company smoke the ham? What if the selling price were $1.75 per pound?