The Mansfield Company manufactures and sells two lines of fishing rods. During the most recent accounting period, the Pro line and the Novice line sold 16,200 and 3,200 units, respectively. The company's most recent financial statements are shown below; Sales Less cost of goods sold: Unit-level production cost Depreciation, production equipment Gross margin Less operating expenses: Unit-level selling and administrative costs Corporate-level facility expenses (fixed) Net income (loss) Based on this information, the company should: Multiple Choice Eliminate the Novice line because it is operating at a loss. Pro $972,000 Novice $384,000 648,000 216,000 143,000 80,000 $181,000 $ 88,000 43,000 104,000 38,880 $ 99,120 38,880 $(54,880) Keep the Novice line because it contributes $64,000 to total profitability < Prev 29 of 50 Next >