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K Suppose Smithers Company is considering discontinuing its organic dried fruit product line. Assume that during the past year, the organic dried fruit's product
K Suppose Smithers Company is considering discontinuing its organic dried fruit product line. Assume that during the past year, the organic dried fruit's product line income statement showed the following: (Click the icon for additional information.) (Click the icon to view the income statement data.) If the company decides to discontinue the product line, what will happen to the company's operating income? Should Smithers Company discontinue the organic dried fruit product line? Begin by preparing a contribution margin income statement for the organic dried fruit's product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue Less: Contribution margin Less Operating income (loss)
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