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GoodLuck Ltd has two products. Information about these products is as follows: Able Cain Units produced and sold 150 300 Selling price per unit $400
GoodLuck Ltd has two products. Information about these products is as follows:
| Able | Cain |
Units produced and sold | 150 | 300 |
Selling price per unit | $400 | $200 |
Variable expenses per unit | $260 | $70 |
The company's fixed costs totalled $90,000, of which $40,000 can be avoided if Able is dropped and $10,000 can be avoided if Cain is dropped.
The product margin for Cain is:
Group of answer choices
$52,000
($28,000)
$12,000
$29,000
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