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Hill Co. can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per pound to produce. Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce.
-The differential revenue of producing Product P is $82 per pound.
Executor
An individual appointed to administer the estate of a deceased person in accordance with their will.
Holographic
Relates to a will or other document written entirely in the handwriting of the person whose signature it bears.
Handwriting
The individual manner in which a person writes with a pen or pencil, producing characters and symbols on a surface, often analyzed in legal documents for authentication.
Irrevocable
Not able to be changed, reversed, or recovered; final and unalterable.
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