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Business, 12.03.2020 17:48 mathiscool51

Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow: Total Luxury Sporty Sales revenue $490,000 $360,000 $130,000 Variable expenses 353 comma 000 235,000 118 comma 000 Contribution margin 137 comma 000 125,000 12 comma 000 Fixed expenses 76,000 38,000 38,000 Operating income (loss) $ 61 comma 000 $87,000 $( 26 comma 000 ) Assuming fixed costs remain unchanged, how would discontinuing the Sporty line affect operating income?

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Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for...
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