Trio Sports Manufacturer produces equipment for three sports: baseball, basketball, and golf. The accountants prepared...
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Accounting
Trio Sports Manufacturer produces equipment for three sports: baseball, basketball, and golf. The accountants prepared a segmented contribution margin statement for the past year based on the three types of products manufactured as shown below. The CEO is concerned with the basketball equipment segment as it has been showing a loss for the past few years. Trio Sports Manufacturer Segmented Contribution Margin Statement For the Year Ended December 31, 2019 Baseball Basketball Golf Total Revenue $786,000 $800,000 $731,000 $2,317,000 Variable Costs $282,000 $238,000 $222,000 $742,000 Contribution Margin $504,000 $562,000 $509,000 $1,575,000 Fixed Costs $445,000 $655,000 $436,000 $1,536,000 Income from Operations $59,000 $-93,000 $73,000 $39,000 Recommend whet
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