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Business, 22.07.2019 22:10 isabelleecurtis

Contribution margin income statement data for the most recent year follow: total cat food dog food sales revenue $385,000 $300,000 $85,000 variable expenses $205,000 $165,000 $40,000 contribution margin $180,000 $135,000 $45,000 fixed expenses $102,000 $50,000 $52,000 operating income (loss) $78,000 $85,000 $(7,000) assuming the dog food line is discontinued, and all fixed costs will go away, how will operating income be affected?

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