Sell as is or process further decisions (learning objective 7) noble chemical has spent $240,000 to refine 71,000 gallons of acetone, which can be sold for $2.30 a gallon. alternatively, noble chemical can process the acetone further. this processing will yield a total of 59,000 gallons of lacquer thinner that can be sold for $3.20 a gallon. the additional processing will cost $0.85 per gallon of lacquer thinner. to sell the lacquer thinner, noble chemical must pay shipping of $0.24 a gallon and administrative expenses of $0.12 a gallon on the thinner. requirements identify the sunk cost. is the sunk cost relevant to noble’s decision?