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true or false 4. Freemen Company's western territory's forecasted income statement for the upcoming year is as follows: Sales revenue Variable costs Contribution margin Fixed

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4. Freemen Company's western territory's forecasted income statement for the upcoming year is as follows: Sales revenue Variable costs Contribution margin Fixed costs Operating income (loss) $800,000 500,000 $300,000 496.000 $.01196.000 Freemen Company's management is considering dropping the western territory. This move would be financially advantageous only if the company could eliminate $196,000 of fixed cost. 5. Brookline Furniture manufactures a small table and a large table. The small table sells for $900, has variable costs of $750 per table, and takes 7.50 labor hours to manufacture. The large table sells for $1,700, has variable costs of $900, and takes 10 direct labor hours to manufacture. The small table has a lower contribution margin per unit, but a higher contribution margin per direct labor hour

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