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Western Apparel Company owns two stores and management is considering eliminating the East store due to declining sales. Segmented contribution income statements are as follows and common fixed costs are allocated on the basis of sales.
West
East
Total
Sales
$525,000
90,000
$615,000
Variable costs
262,500
45,000
307,500
Direct fixed costs
62,500
25,000
87,500
Segment margin
200,000
20,000
220,000
Allocated fixed costs
137,500
35,000
172,500
Net Income
$62,500
($15,000)
$47,500
Western feels that if they eliminate the East store that sales in the West store will decline by 25%. If they close the East store, overall company net income will:
a) decline by $90,000.
b) decline by $62,000.
c) decline by $85,625.
d) decline by $20,000.
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