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The Marsteld Company manufactures and sells two lines of fishing rods. During the most recent accounting period. Proin and the Novice line solch 16,400 and

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The Marsteld Company manufactures and sells two lines of fishing rods. During the most recent accounting period. Proin and the Novice line solch 16,400 and 3,400 units respectively. The company's most recent financial statements are shown below Pro $984,000 Novice $400,000 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) 656,000 146,000 $182,000 229,500 85,000 $ 93,500 43,500 39,360 $ 99,140 110,500 39,360 $(56,360) Based on this information, the company should Multiple Choice Eliminate the Novice line because it is operating at a loss Eliminate the Novice line because it is operating at a loss. Keep the Novice line because it contributes $68,000 to total profitability. Keep the Novice line because it contributes $93,500 to total profitability, hing It is impossible to determine with the given information

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