Which of the following factors should be considered when deciding whether to keep a product line or drop it?

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1. Opportunity costs of using the production facility currently being used for the product line

2. Revenues generated by the product line

3. Variable costs incurred in manufacturing the product

4. Direct fixed costs associated with the product line

5. Common fixed costs allocated to the product line

6. Research and development costs spent on designing the product line

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ANSWER IS 1 Opportunity costs of using the production f... View the full answer