2 of 5 (5 complete) Score: 0.26 of 1 pt P25-23A (similar to) Members of the board of directors of Security Team have received the following operating income data for the year ended May 31, 2016 Click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the company should systems will decrease fixed cost of goods sold by $84,000 and decrease fixed selling and administrative expenses by $14,000 Read the requirements Contribution Margin Income Statement For the Year Ended May 31, 2018 Totals With Totals Without Change if Industrial Industrial Systems Industrial Systems Systems Is Dropped Net Sales Revenue Variable costs Manufacturing Selling and Administrative Total Variable Costs Contributinn min Enter any number in the edit fields and then click Check Answer part I remaining Clear All O Type here to search Members of the board of directors of Security Team have received the following operating income data for the year ended May 31, 2018 Click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the companys systems will decrease fixed cost of goods sold by $84,000 and decrease fixed selling and administrative expenses by $14,000 Read the requirements Manufacturing Selling and Administrative Total Variable Costs Contribution Margin Fixed Costs: Manufacturing Selling and Administrative. Total Fixed Costs Operating Income (Loss) Enter any number in the edit fields and then click Check Answer Clear All part I remaining O Type here to search Data Table Security Team Income Statement For the Year Ended May 31, 2018 Product Line Industrial Household Systems Systems Total 300,000 $ 370,000 $ 670,000 Net Sales Revenue Cost of Goods Sold Variable Fixed Total Cost of Goods Sold Gross Profit 33,000 230,000 263,000 49,000 66,000 115,000 255,000 82,000 296,000 378,000 292.000 37.000 Print Done 2 of 5 (5 complete) 0 Data Table line. Compar Systems 300,000 $ Systems Total 370,000 $ 670,000 $ Net Sales Revenue Cost of Goods Sold Variable Fbred Total Cost of Goods Sold Gross Profit Selling and Administrative Expenses: Variable Feed Total Selling and Administrative Expenses Operating Income (Loss) 33,000 230,000 263,000 37,000 49,000 66,000 115,000 255,000 82,000 296,000 378,000 292,000 66,000 45,000 111,000 (74,000) S 74.000 29,000 103,000 152,000 $ 140,000 74,000 214.000 78,000 $ Print Done