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A condensed income statement by product line for Lavonia Beverage Inc. indicated the following for Vim Cola for the past year:SalesCost of goods soldGross profitOperating
A condensed income statement by product line for Lavonia Beverage Inc. indicated the following for Vim Cola for the past year:SalesCost of goods soldGross profitOperating expensesOperating loss$$$It is estimated that of the cost of goods sold represents fixed factory overhead costs nd that of the operating expenses are fixed. Because Vim Cola is only one of many products, the fixed costs will not be materialy affected if the product is discontinued.A Prepare a differential analysis dated November to determine whether Vim Cola should be continued Alternative or discontinued Alternative If an arnount is zero, enter Ifrequired, use a minus sign to indicate a loss.
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