Answer Happy

3 1.68 points eBook Hint ✔ Print References Exercise 10-8 (Static) Segment elimination LO P4 Marin Company makes several products, including canoes. The company reports a loss from its canoe segment (see below). All its variable costs are avoidable, and $300,000 of fixed costs are avoidable. Segment Income (Loss) Sales $ 980,000 Variable costs 700,000 Contribution margin 280,000 Fixed costs 340,000 Income (loss) $ (60,000) (a) Compute the income increase or decrease from eliminating this segment. (b) Should the segment be continued or eliminated? Complete this question by entering your answers in the tabs below. Required A Required B Should the segment be continued or eliminated? Should the segment be continued or eliminated? Eliminate Required B > < Required A