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Q 7.29: GreenCut makes three models of push mowers: the Standard, the Premium, and the Pro. Condense income statement data related to the three models

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Q 7.29: GreenCut makes three models of push mowers: the Standard, the Premium, and the Pro. Condense income statement data related to the three models are as follows: Variable costs Cont. margin Fixed costs Net income Standard $499,000 68,000 431,000 245,000 $186,000 Premium $320,000 69,000 251,000 264,000 ($13,000) Pro $450,000 72,000 378,000 271,000 $107.000 GreenCut is considering discontinuing the Premium mower; if it does so, 35% of Premium's fixed costs woul be eliminated. What would happen if GreenCut stops manufacturing the Premium

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