Question
Product T has revenue of $102,000, variable COGS of $52,250, variable selling expenses of $21,500, and fixed costs of $35,000, creating a loss from operations
Product T has revenue of $102,000, variable COGS of $52,250, variable selling expenses of $21,500, and fixed costs of $35,000, creating a loss from operations of $7,000. Should the product be discontinued?
If there is a loss shouldn't it be discontinued? Or would there be reasons not to?
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Financial Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
16th Edition
1337913103, 9781337913102
