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Business, 24.12.2019 00:31 pedavis6609

Marinette company makes several products, including canoes. the company has been experiencing losses from its canoe segment and is considering dropping that product line. the following information is available regarding its canoe segment. (leave no cells blank. enter zeros where appropriate.)marinette companyincome statement—canoe segmentsales $ 3,300,000 variable costs direct materials $ 710,000 direct labor 760,000 variable overhead 560,000 variable selling and administrative 330,000 total variable costs 2,360,000 contribution margin 940,000fixed costs direct 635,000 indirect 560,000 total fixed costs 1,195,000 net income $ (255,000)required: 1. if canoes are discontinued, calculate the net income lost or gained.

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