Check m Exercise 11-2 Dropping or Retaining a Segment [LO11-2] The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Bikes 922,eee $265,e00 485, eee 252,eee 115,000 150,e0e Mountain Racing Bikes Total Bikes Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses: Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses Total fixed expenses 206,eee 473,eee 449,e00 152,eee 199,000 1ee,eee 48,1e0 7,800 38,100 81,000 167.eee 20,see 15,60e 35,30e se,4ee 121,800 69,30e 43,600 113,500 184,4ee 8,70e 28,20e 40,10e 53,e00 122,000 410,8ee 32,000 $ (21,800) 38,200 $ 28,00e Net operating income (loss) "Allocated on the basis of sales dollars. Manacomont ie concornod about the continund lnecoe ehnAin hu +ho racinn hilkoc and wante a recommendation ae to uhothor or not Next > Required Next Prev tien 2:30 AM e 7/30/2019 here to search