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Quizzes X Haan H X Th Quiz # X In [Conest X In Course X |In [Cones X | In [Conest X Th [Cones X * Recom X C Chegg. X G Trio Spc X + X ameengage.com/mod/quiz/attempt.php?attempt=3177897&cmid=932806 E C CONESTOGA Canrect Uits and Learning AME ENGAGETM English (en) sukhpreet kaur99 Question 1 Trio Sports Manufacturer produces equipment for three sports: baseball, basketball, and golf. The accountants prepared a Quiz navigation Not yet segmented contribution margin statement for the past year based on the three types of products manufactured as shown answered below. The CEO is concerned with the basketball equipment segment as it has been showing a loss for the past few years. Marked out of 6.00 Trio Sports Manufacturer \\ Flag Segmented Contribution Margin Statement question For the Year Ended December 31, 2019 Baseball Basketball Golf Total Revenue $786,000 $800,000 $731,000 $2,317,000 Variable Costs $282,000 $238,000 $222,000 $742,000 Contribution Margin $504,000 $562,000 $509,000 $1,575,000 Fixed Costs $445,000 $655,000 $436,000 $1,536,000 ncome from Operations | $59,000 $-93,000 $73,000 $39,000 Recommend whether Trio should keep or drop the basketball equipment product line based on the following independent scenarios: Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in income. Indicate keep or drop using the drop-down lists. a) If the line is dropped, assume that all the fixed costs relating to the basketball equipment segment would remain with the company. Change in Income from Operations: $ Trio should * the basketball line Contact us! Type here to search O em 9 ? A GO )ENG 5:13 PM 199 N 2020-07-26Quizzes X Haan H X Th Quiz # X In [Conest X | Th Course: X In [Conest X | In [Conest X Th [Conest X * Recom X C Chegg. X G Trio Spc X + X > C ameengage.com/mod/quiz/attempt.php?attempt=3177897&cmid=932806 C CONESTOGA Canrect Uits and Learning AME ENGAGETM English (en) * A sukhpreet kaur99 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in income. Indicate keep or drop using the drop-down lists. a) If the line is dropped, assume that all the fixed costs relating to the basketball equipment segment would remain with the company. Change in Income from Operations: $ Trio should * the basketball line b) Assume that all the fixed costs relating to the basketball segment would no longer be incurred by the company if the product line is dropped. Change in Income from Operations: $ Trio should * the basketball line c) Only 30% of the fixed costs relating to the basketball segment would remain with the company if the product line is dropped. Change in Income from Operations: $ Trio should the basketball line Next page
