I need a help in Financial accounting questions.(1) 1. A company...
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I need a help in Financial accounting questions.(1)
1.
A company is considering discontinuing one of its product lines. This product line generates a contribution margin of $330,000 per year. Fixed expenses allocated to the product line are $420,000 per year. It is estimated that $255,000 of these fixed expenses could be eliminated if the product line is discontinued. Based on this data, if the product line is discontinued, the company
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