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Lion Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $501.000, variable expenses of $370,500, and fixed

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Lion Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $501.000, variable expenses of $370,500, and fixed expenses of $148,500. Therefore, the gloves and mittens line had a net loss of $18,000. iftion eliminates the line, $43,300 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (If an amount reduces the net income then enter with a negative sin preceding the numbers -15,000 or parenthesis, cs. (15,0001) Net Income Increase (Decrease Continue Eliminate $ s Company eliminate the gloves and mittens line

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