Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line...

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Accounting

Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $6,900 from sales $200,000, variable costs $176,000, and fixed costs $30,900. If the Big Bart line is eliminated, $20,200 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Continue Eliminate Net Income Increase (Decrease)
Sales $enter sales in dollars $enter sales in dollars $enter sales in dollars
Variable costs enter variable costs in dollars enter variable costs in dollars enter variable costs in dollars
Contribution margin enter a subtotal of the two previous amounts enter a subtotal of the two previous amounts enter a subtotal of the two previous amounts
Fixed costs enter fixed costs in dollars enter fixed costs in dollars enter fixed costs in dollars
Net Income / (Loss) $enter net income or loss in dollars $enter net income or loss in dollars $enter net income or loss in dollars

The Big Bart product line should be select an option continuedeliminated.

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