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Metlock Inc. manufactures golf clubs in three models. For the year, the Marx line has a net loss of $4,700 from sales of $207,000, variable
Metlock Inc. manufactures golf clubs in three models. For the year, the Marx line has a net loss of $4,700 from sales of $207,000, variable costs of $186,300, and fixed costs of $25,400. If the Marx line is eliminated, $17,700 of fixed costs will remain. Prepare an analysis showing whether the Marx line should be eliminated. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. 15,000 or parenthesis, e.g. (15,000)
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