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Business, 22.04.2020 00:38 jake2124

Coronado Industries produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $600000 $290000 $65000 $955000 Variable expenses 370000 230000 58000 658000 Contribution margin 230000 60000 7000 297000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $155000 $ 25000 $(15000) $165000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped?

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