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The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Sales revenue Variable expenses Contribution margin

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The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) Curling Irons $640,000 $480,000 $160,000 $90,000 $70,000 Straighteners $260,000 $210,000 $50,000 $90,000 ($40,000) Total $900,000 $690.000 $210,000 $180,000 $30,000 If Lovely Locks can eliminate fixed costs of $34,000 and increase the sale of Curling Irons by 6,000 units at a selling price of $33 per unit and a contribution margin of $12 per unit, then discontinuing the Straighteners should result in which of the following? O A. Decrease in total operating income of $56,000 OB. Decrease in total operating income of $86,000 O C. Increase in total operating income of $56,000 OD. Increase in total operating income of $86,000

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