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A company has three product lines, one of which reflects the following results: $241000 139000 Sales Variable expenses Contribution margin Fixed expenses Net loss 102000

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A company has three product lines, one of which reflects the following results: $241000 139000 Sales Variable expenses Contribution margin Fixed expenses Net loss 102000 130000 $ (28000) If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will increase by $24000. O decrease by $102000. decrease by $24000. LY increase by $28000

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