Exercise 23-8 (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 $307,500 of its fixed costs are avoidable. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) (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 $ 1,009,400 721,000 288,400 349,000 $ (60,600) Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Income (loss) Continue $ 0 0 Eliminate $

Exercise 23-8 (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 $307,500 of its fixed costs are avoidable. (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. Compute the income increase or decrease from eliminating this segment. Exercise 23-8 (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 rariable costs are avoidable, and $307,500 of its fixed costs are avoidable. (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. Should the segment be continued or eliminated