You have the following data for product X: sales revenue $14,000, allocated fixed costs $20,000, variable...

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You have the following data for product X: sales revenue $14,000, allocated fixed costs $20,000, variable costs $12,000. You cannot increase the price of product X or improve the production process to increase profitability. What should you do about product X? O do nothing – unprofitable products are just one of the costs of doing business O keep the product in the short term and drop it in the long term O drop the product both in the short term and in the long term O drop the product in the short term and keep it in the long term O keep the product both in the short term and in the long term You have the following data for product X: sales revenue $14,000, allocated fixed costs $20,000, variable costs $12,000. You cannot increase the price of product X or improve the production process to increase profitability. What should you do about product X? O do nothing – unprofitable products are just one of the costs of doing business O keep the product in the short term and drop it in the long term O drop the product both in the short term and in the long term O drop the product in the short term and keep it in the long term O keep the product both in the short term and in the long term

Answer rating: 100% (QA)

Answes Correct answey is last option keep the Podect both in the short terom and im t... View the full answer