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Thalassines kataskeves, SA, of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most

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Thalassines kataskeves, SA, of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: $470,000 Thalassines kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales Variable expenses: Variable manufacturing expenses Sales commissions Shipping Total variable expenses Contribution margin Fixed expenses Advertising (for the bilge pump product line) Depreciation of equipment (no resale value) General factory overhead Salary of product-line manager Insurance on inventories. Purchasing department Total fixed expenses Het operating loss $122,000 44,000 22,000 188,000 282,000 23,000 111,000 34,000 127,000 7.000 49,000 Common costs allocated on the basis of machine-hours Common costs allocated on the basis of sales dollars 351,000 $(69,000) Dw.conting the big pump product line would not affect sales of other product lines and would have no effect on the company's ol a ctory overhead or total Purchasing Department expenses Required: What the financial advantage disadvantage of discontinuing the bage pump product line

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