Exercise 10-8 (Algo) Segment elimination LO P4 Marin Company makes several products, including canoes. The company reports a loss from its canoe segment (see below). All its variable costs are avoidable, and $312,500 of its fixed costs are avoidable. Segment Income (Loss) Sales $ 1,029,000 Variable costs 735,000 Contribution margin 294,000 Fixed costs 355,000 Income (loss) $ (61,000) (a) Compute the income increase or decrease from eliminating this segment. (b) Should the segment be continued or eliminated?

complete this question by entering your answers in the tabs below.

Required A

Required B

Compute the income increase or decrease from eliminating this segment.

Segment Elimination Analysis	Continue	Eliminate	Income Increase (Decrease)
Income (loss)