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David and James, managers in a furniture manufacturing company are analyzing the performance of different product lines. They note that one type of wardrobe has
David and James, managers in a furniture manufacturing company are analyzing the performance of different product lines. They note that one type of wardrobe has a net loss and argue whether this product should be discontinued or not. They are concerned about the financial consequences and are now seeking expert opinion. Please assist them in appreciating which management accounting technique/concepts they should apply to reach a decision.
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