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Luxe Corporation is considering eliminating a department that has an annual contribution margin of $36,000 and $82,000 in annual fixed costs. Of the fixed costs,

Luxe Corporation is considering eliminating a department that has an annual contribution margin of $36,000 and $82,000 in annual fixed costs. Of the fixed costs, $23,000 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be:

(1 Point)

$69,000

$46,000

($13,000)

$23,000

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