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Exercise C Given the following data, prepare a schedule that shows contribution margin, contribution to indirect...

Exercise C

Given the following data, prepare a schedule that shows contribution margin,

contribution to indirect expenses, and net income of the Sharks Division of Hockey, Inc.:

Direct fixed expenses

$ 324,000

Indirect fixed expenses

259,200

Sales

2,100,000

Variable expenses

1,500,000

What would be the effect on the company income if the segment were eliminated?

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