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a. Compute current net income for Cawlev Company. b. Compute net income by product line and in total for Cawley Fixed expenses consist of common

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a. Compute current net income for Cawlev Company. b. Compute net income by product line and in total for Cawley Fixed expenses consist of common costs allocated to the three Company if the company discontinues the Stunner product line. products bised on relative sales, as well as direct fixed expenses (Hint: Allocate the $300,000 common costs to the two remaining unique to each model. The common costs will be incurred regardiless of how many models are produced. The diect foxed expenses would be eliminated if that model is phased out. These fixed expenses are eliminated if that model is phased out. These fixed expenses are James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company's net income c. Should Cawley eliminate the Stunner product line? Why or why not

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