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The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Curling Irons Straighteners Sales revenue $630,000
The income statement for Lovely Locks is divided by its two product lines, Curling Irons and Straighteners, as follows: Curling Irons Straighteners Sales revenue $630,000 $260,000 Variable expenses $480,000 $210,000 Contribution margin $150,000 $50,000 ene enen O A. Increase in total operating income of $10,000 O B. Decrease in total operating income of $17.000 OC. Decrease in total operating income of $10,000 OD. Increase in total operating income of $17.000 Total $890,000 $690,000 $200,000 en Click to select your answer Variable expenses $480 000 $210,000 $690,000 Contribution margin $150,000 $50,000 $200,000 Fored expenses $95.000 $95,000 $190,000 Operating income (loss) $55.000 $145,000) $10.000 Lovely Looks can eliminate fixed costs of $33,000 by discontinuing the Straightener in the discontinuing should result in which of the following? O A. Increase in total operating income of $10,000 OB. Decrease in total operating income of $17,000 OC. Decrease in total operating income of $10,000 OD. Increase in total operating income of $17.000 Click to select your
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