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Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with ambunts given in thousands, follows: Direct fixed expenses consist
Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with ambunts given in thousands, follows: Direct fixed expenses consist of depreciation and plant supervisary salaries. Al depreciation on the equipment is dedicated to the product lines. None of the equipment ean te fold. Assume that each of the three prosucts has a different supervisor whose pesition would romain if the associated product were dropped. Required CONCLPTUAL CONINECTion: Estimate the impoct on srofit that would result from eropping Cenway. Cnter amouat in full, rather than in theusands. For examble, '150oo' rather than "15" x Should Petoskey keep or drop Conway
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