Marin Company makes several products, Including canoes. The company reports a loss from Its canoe segment (see below). All its variable costs are avoidable, and $320,000 of Its fixed costs are avoidable. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) $ 1,058,400 756,000 302,400 364,000 $ (61,600) (a) Compute the Income increase or decrease from eliminating this segment. (b) Should the segment be continued or eliminated? Complete this question by entering your answers in the tabs below. Required A Required B Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Continue Eliminate Income Increase (Decrease) 0 0 Income (loss) $ 0 $ 0 $ < Required A Required B >

Some accountants argue that the receiving department should be eliminated. Discuss the objective of eliminating the receiving function. What accounting/audit problems need to be resolved.

what exactly is a cookie jar reserve?  Does using a cookie jar reserve follow GAAP?  Does using a cookie jar reserve appear to be an ethical practice?  Support your opinion.  Your post should be more than a single sentence.

It says they answers are wrong from your example.