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Should the company keep or drop football helmets

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Question - Sports Hats, Etc. has two product lines: baseball helmets and football helmets, Income statement data for the most recent year follow:

 

Total

Baseball Helmets

Football Helmets

Sales revenue

$460,000

$310,000

$150,000

Variable expenses

355,000

235,000

120,000

Contribution margin

105,000

75,000

30,000

Fixed expenses

76,000

38,000

38,000

Operating income (loss)

$29,000

$37,000

$(8,000)

Should the company keep or drop Football Helmets? Give numerical justification for your answer.

Reference no: EM132188529

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