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8) The management of Leinberger Corporation is considering dropping product $48J. Data from the company's accounting system appear below: $120,000 $64,000 S38,000 $30,000 Fixed manufacturing

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8) The management of Leinberger Corporation is considering dropping product $48J. Data from the company's accounting system appear below: $120,000 $64,000 S38,000 $30,000 Fixed manufacturing expenses Fixed selling and administrative expenses.... All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $28,000 of the fixed manufacturing expenses and $21,000 of the fixed selling and administrative expenses are avoidable if product S48J is discontinued. Required: What would be the effect on the company's overall net operating income if product S48J were dropped? Should the product be dropped? Show your work

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