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The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and...

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Accounting

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The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Bikes Mountain Racing Bikes Bikes Total $ 926,000 $268,0ee Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses: ,000 $254,000 199,000 160,000 94:888 478,000 119,00 448,000 149,000205,000 Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses 20,600 15,500 35,700 50,800 167,700122,600 $ 34,600 $ 25,900 $37,300$(28,600) 8, 200 43,600 20,700 115,000 40,6e 185,200 53,600 413,400 123,106e 40,800 7,400 38,700 88,866 69,600 Total fixed expenses Net operating income (loss) Allocated on the basis of sales dollars Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out

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