Chrome File Edit View History Bookmarks Profiles Tab Window Help XO Q 8 Mon May 8 9:36 AM ... w Finite Final Idea.docx X 202320ACCT200-02 Principles X M Question 3 - Chapter 11 Homev X Course Hero x + - > C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fm... *AIM Update : M Gmail OneStThomas Canvas G Grammarly Mail - Oberg, Mar... wix Wix ADI wix Always Love Always Love Club... W Finite Final Idea.d... .pdf Chapter 11 Homework Saved Help Save & Exit Submit Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: 3 Thalassines Kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales $ 440, 000 Variable expenses : 1 Variable manufacturing expenses $ 129 , 000 points es commissions 48 , 000 Shipping 14 , 000 3 AM Total variable expenses 191, 000 Contribution margin 249, 000 eBook Fixed expenses : Advertising (for the bilge pump product line) 26 , 000 Ask Depreciation of equipment (no resale value) 103, 000 Print General factory overhead 39 , 000* Salary of product-line manager 122 , 000 AM References Insurance on inventories 10 , 000 Purchasing department 46, 000 Total fixed expenses 346, 000 Net operating loss $ (97, 000) Common costs allocated on the basis of machine-hours. AM +Common costs allocated on the basis of sales dollars. Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line? 3 PM Mc Graw Hill PM Group PROJECT....doc ExitSheet19Mat....docx Business Ethics....docx Business Ethics.odt Show All X 8 :tv 4