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N.B: Please answer them ASAP , no explanation needed just the answers . Thanks in advance Ghandour Company manufactures three products of chocolate. One of
N.B: Please answer them ASAP , no explanation needed just the answers .
Thanks in advance
Ghandour Company manufactures three products of chocolate. One of the products has a net loss of $23,000 from sales of $150,000, variable costs of $115,000, and fixed costs of $58,000. The company is considering the option of eliminating this product and save the loss of $23,000. If it is eliminated, $43,000 of fixed costs will remain. The contribution margin resulted in the eliminating option is * O $0 $15,000 O $43,000 None of the options The amount of avoidable fixed expenses under the elimination option is * o $58,000 $43,000 O $15,000 O None of the options The net income or loss resulted in the eliminating option is * Loss $15,000 Loss $43,000 Income $20,000 None of the options Do you recommend continuing with or eliminating the product? * Continue O Eliminate Assume that the company had a total net income of $210,000 from its three products. What will be to the total net income of the company if this product is eliminated? * $230,000 $190,000 $195,000 None of the optionsStep by Step Solution
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