A product line segment has the following data: Sales $350,000 Variable expenses 150,000 Fixed expenses...
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Accounting
A product line segment has the following data: Sales $350,000 Variable expenses 150,000 Fixed expenses 275,000 Net income(loss) (75,000) What will be the effect on net income if this product line is eliminated, assuming that 20% of the fixed expenses will be allocated to profitable segments
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