Discussion: Bob, A cost accountant prepares a product profitability report for his boss, Tom, the production manager. Much to Bobâ€™s surprise, almost one third of the companyâ€™s products are not profitable. He say, â€œTom, it looks like we will have to drop one third of our products to improve overall company profits. Itâ€™s a good thing we decided to look at profitability by product.â€ Do you think Bob should agree with this approach? Why? What questions would you ask in order to make a better decision on dropping the products?
Requirments: Answer all questions completely. Post should be 230 words or more, use only creditable sources.