Question: Multiple Choice Question 153 A company has three product lines, one of which reflects the following results: Sales Variable expenses Contribution margin Fixed expenses Net

 Multiple Choice Question 153 A company has three product lines, one

Multiple Choice Question 153 A company has three product lines, one of which reflects the following results: Sales Variable expenses Contribution margin Fixed expenses Net loss $184000 101000 83000 130000 $ (47000) If this product line is eliminated, 60% of the wed expenses can be eliminated and the other 40% will be located to other product lines. It management decides to eliminate this product line, the company's net income will increase by $5000 decrease by S5000 increase by 547000 decrease by 83000

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