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  3. 2) boots plus has two product lines: hiking boots.

2) Boots Plus has two product lines: Hiking boots...

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Accounting

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2) Boots Plus has two product lines: Hiking boots and Fashion boots. Income statement data for the most recent year follow: Tota Hiking $340,000 Fashion $140,000 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) $480,000 125,000 $49,000 105, 20,000 Assuming fixed costs remain unchanged, how would discontinuing the Fashion line affect operating income

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