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Vulcan swimsuit company is considering dropping its line of

Problem - Vulcan Swimsuit Company is considering dropping its line of women's beach robber. A recent product income statement for the robe line follows:

Revenue $950,760

Cost of Goods Sold 861,840

Gross Margin 88,920

Selling and Admin Exp 136,800

Net Loss (-47,880)

A factory overhead account for 35 percent of the cost of goods sold and is one-third fixed. These data are believed to reflect conditions in the immediate future.

Required: Should the line be dropped?

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