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Question 11 Concord Corporation produces three sizes of crock pots: small, medium, and large. A condensed segmented income statement for a recent period follows: Small
Question 11 Concord Corporation produces three sizes of crock pots: small, medium, and large. A condensed segmented income statement for a recent period follows: Small Large $570000 Medium $260000 200000 Total $895000 $65000 355000 58000 613000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) 215000 60000 7000 282000 35000 22000 132000 75000 $140000 $ 25000 $(15000) $150000 Assume none of the fixed expenses for the small size crock pot are avoidable. What will be total net income if the line is dropped? $75000 O $200000 O $165000 O $143000
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