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Pacific Hotel has been incurring losses for the past few years in the lobby gift shop. In an attempt to improve the overall financial performance
Pacific Hotel has been incurring losses for the past few years in the lobby gift shop. In an attempt to improve the overall financial performance of the company, the general manager is considering closing the space. The contribution margin income statement for the gift shop is shown below. The following additional information is also available regarding the gift shop. - If the shop is closed, \72 of the segment's fixed costs will remain with the company. The remaining \28 of the fixed costs will no longer be incurred by the company if the shop is closed. - If the shop is closed, the contribution margin will increase by a total of \\( \\$ 15,000 \\) in other segments of the hotel. Calculate the following items: Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values or items that are subtracted
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