$ 7,400,000 6,200,000 1,200,000 1,600,000 $ (400,000) Suppose Tasty Tart is considering discontinuing its tasty loops product line. Assume that the following: 0 Data Table Click the icon to view the income statement data.) (Click the icon for addition If the company decides to discontinue the product line, what will happen to the company line? Sales revenue Begin by preparing a contribution margin income statement for the tasty loops' product Less: Cost of goods sold Sales revenue 7400000 Gross profit Less: Variable expenses Less: Operating expenses Contribution margin Operating income (loss) Less: Fixed expenses Operating income (loss) Print Done Prepare an incremental analysis to show how the discontinued tasty loops product line w no expected change as a result of discontinuing tasty loops.) Incremental Analysis for Discontinuation Decision Total Contribution margin lost if tasty loops is discontinued Less: Fixed cost savings if tasty loops is di discontinued Operating income if tasty loops is discontinued If Tasty Tart discontinued the tasty loops product line, it will income. Therefore, Tasty Tart discontinue this product line Choose from any list or enter any number in the input fields and then continue to the next question $ 7,400,000 6,200,000 1,200,000 1,600,000 $ (400,000) Suppose Tasty Tart is considering discontinuing its tasty loops product line. Assume that the following: 0 Data Table Click the icon to view the income statement data.) (Click the icon for addition If the company decides to discontinue the product line, what will happen to the company line? Sales revenue Begin by preparing a contribution margin income statement for the tasty loops' product Less: Cost of goods sold Sales revenue 7400000 Gross profit Less: Variable expenses Less: Operating expenses Contribution margin Operating income (loss) Less: Fixed expenses Operating income (loss) Print Done Prepare an incremental analysis to show how the discontinued tasty loops product line w no expected change as a result of discontinuing tasty loops.) Incremental Analysis for Discontinuation Decision Total Contribution margin lost if tasty loops is discontinued Less: Fixed cost savings if tasty loops is di discontinued Operating income if tasty loops is discontinued If Tasty Tart discontinued the tasty loops product line, it will income. Therefore, Tasty Tart discontinue this product line Choose from any list or enter any number in the input fields and then continue to the next