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A condensed income statement for Gilbert, Incorporated follows: Products Sales (total) $300,000 Total Unit-Level Costs $190,000 $420,000 (160,000) (162,000) (220,000) (542.000) Total $910,000 Contribution
A condensed income statement for Gilbert, Incorporated follows: Products Sales (total) $300,000 Total Unit-Level Costs $190,000 $420,000 (160,000) (162,000) (220,000) (542.000) Total $910,000 Contribution Margin 140,000 28,000 200,000 360,000 Company-Wide Facility-Level Costs (27,000) (32,000) (60,000) (119,000) Income (Loss) $113,000 $14,000) $140,000 $249,000 Sam & Exit Gilbert's management is considering whether to eliminate manufacturing product G at the beginning of the next year. The elimination will have no effect on the sales or unit level costs of products F and H. The change in income that would result from eliminating product G is Multiple Choice $4,000 decrease $28,000 decrease $4,000 increase $32,000 increase
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