10 of 13 (2 complete) Data Table Video Street Income Statement For the Year Ended December 31, 2016 Blu-ray Total Discs DVD Discs Sales Revenue $ 428,000 $ 248,000 306,000 $ 152,000 122,000 96,000 180,000 154,000 26,000 Variable Costs Contribution Margin Fixed Costs: Manufacturing Selling and Administrative Total Fixed Expenses Operating Income (Loss) 135,000 77,000 76,000 58,000 59,000 19,000 212,000 134,000 78,000 $ (32,000) $ 20,000 $ (52,000) Print Done Save Homework: Week Seven : Chapter 10: Exercises untin Score: 0 of 1 pt 10 of 13 (2 complete) HW Score: 2.98%, 0.39 of 13 pts E25-14 (similar to) Question Help Tap managers of Video Street are alarmed by their operating losses. They are considering dropping the DVD product line. Company accountants have prepared the following analysis to help make this decision: (Click the icon to view the analysis.) Assume that Video Street can avoid $54,000 ffoved costs by dropping the DVD product line (these costs are direct fixed costs of the DVD product line). Prepare a differential analysis to show whether Video Street should stop seling DVDs (Enter decreases to revenues with a parentheses or minus sign.) Expected decrease in revenues Expected decrease in expenses: Variable expenses Faced expenses Expected decrease in total expenses Expected in operating income zing Incorrect brary V1) urces 0/1) DI) dy Modules Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All part