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Coronado Industries produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood
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 $510000 $240000 $61000 $811000 Variable expenses 370000 190000 58000 618000 Contribution margin 140000 50000 3000 193000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $65000 $15000 $(19000) $61000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $80000 O $190000 O $100000 O $58000
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