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The following income statement is for X Company's two products, A and B: Revenue Total variable costs Total contribution margin Total fixed costs Avoidable Product

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The following income statement is for X Company's two products, A and B: Revenue Total variable costs Total contribution margin Total fixed costs Avoidable Product A $86,000 | 46,440 $39,560 Product B $91,000 51,870 $39,130 Unavoidable 35,276 24,514 $-20,230 16,134 12,676 $10,320 Profit If X Company drops Product A because it shows a loss and is able to use the vacant space to increase sales of Product B by $24,700, with $3,000 of additional fixed costs, what will be the effect on firm profits

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