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Current Attempt in Progress Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $488,000, variable expenses

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Current Attempt in Progress Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $488,000, variable expenses of $368.000, and fixed expenses of $143,000. Therefore, the gloves and mittens line had a net loss of $23.000. Gator eliminates the line, $42.000 of fixed costs will remain Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (Enter negative amounts using either e negotive sign preceding the numbers-45 or parentheses es (451) Continue Eliminate Net Income Increase (Decrease) Sales Variable costs Contribution margin Fixed costs Net income/(Loss) $ The analysis indicates that Gator should the gloves and mittens line

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