Exercise T15 (Aigo) uropping or ketaining a segment [LUT1- ] Thalassines Kataskeves, SA, of Greece makes marine equipmient, 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: TCommon covis afrocated on the basks of inachine bours fCommon costs alfocated on the bask of sales dollais. Disconimuig the bige pump product ine would not affect soles at other product unes and would have no effect on the conpany? total genetat thetory ovethead or total Purchasing Department expenses. Required: Whint the firmecon advantoge (disadvantage) of discontinuing the bilge pump product line? Common costs allocated on the basis of machine hours. Common costs allocoted on the basts of sates 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 factony overtiead or total Purchasing Department expenses. Required: What is the financial advantage (disadvantage) of disconitinuing the bilge pump product ine