Thatassines 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 statemerit for the bige pump product line foliows: remmon cost alosated an the busis of machine TCompon costs alicicated on the batis of wates dollath Dikcontinuing the bilge pump productine would not allect sales of otiver product ines and would have no effect on the comiganys 'Common costs allocated on the basis of machine-hours. TCommon costs allocated on the basis of sales dollats: Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses. Required: What is the financial advantage (disactvantage) of discoritinuing the bige pump product line? Thalassines Kataskeves, S.A, of Greece makes marine equipment. The company has been experiencing fosses on its bige pump product line for several years. The most recent quarterly contribution format income statement for the bige pump product line follows "Common costs allocated on the basis of machine-hours. TCommori costs allocated on the basis of sales dollars. Discontinuing the bilge pump product ine would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line