Thalassines Kataskeves, S.A., 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= Thalassines Kataskeves, S.A.. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales Variable expenses: $430,000 Variable manufacturing expenses Sales commissions $ 138,000 49,000 Shipping 13,000 Total variable expenses Contribution margin 200,000 230,000 Fixed expenses: Advertising (for the bilge pump product line) 27,000 100,000 41,000 126,000 15,000 45,000' 354,000 $ (124,000) Depreciation of equipment (no resale value) General factory overhead Salary of product-line manager Insurance on inventories Purchasing department Total fixed expenses Net operating loss Common costs allocated on the basis of machine-hours. +Common costs allocated on the basis of sales dollars Diccontinuing the bilen nume product line wild not after father and lines and would hunne affect on the com Prev 7 of 8 Next >