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Tamarisk Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $502,000, variable costs of $374,500, and fixed
Tamarisk Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $502,000, variable costs of $374,500, and fixed costs of $140,500. Therefore, the gloves and mittens line had a net loss of $13,000. If Tamarisk eliminates the line, $43,100 of fixed costs will remain. Prepare an analysis showing whether the company should eliminate the gloves and mittens line. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. -15,000 or parenthesis, e.g. (15,000).) Company eliminate the gloves and mittens line
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