Concord Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented...

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Concord Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $430000 $130000 $65000 $625000 Variable expenses 290000 70000 58000 418000 Contribution margin 140000 60000 7000 207000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $65000 $ 25000 $(15000) $75000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $68000 O $140000 O $70000 O $90000 Concord Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $430000 $130000 $65000 $625000 Variable expenses 290000 70000 58000 418000 Contribution margin 140000 60000 7000 207000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $65000 $ 25000 $(15000) $75000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $68000 O $140000 O $70000 O $90000

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Option A txplanation Total Net 6 Ihcome LIt Ha... View the full answer