Assurance Decoder Burglar Beware Sales Variable expenses Contribution margin Fixed expenses Net income $450,000 750,000 225,000 300,000 450,000 180,000 345,000 $45,000 $105,000 $300,000 217,500 82,500 142,500 $(60,000) 225,000 Fixed expenses consist of $450,000 of common costs allocated to the three products based on relative sales, and additional fixed costs of $45,000 (Assurance),120,000 (Decoder), and $52,500 (Burglar Beware). The common costs will be incurred regardless of how many models are produced. The other fixed expenses would be eliminated if a model is phased out. Matt Dillon, an executive with the company with extensive law enforcement background, feels that the Burglar Beware line should be discontinued to increase the company's net income. Compute current net income for Safe and Secure, Inc. (Enter loss using either a negative sign preceding the number e.g.-2,945 or parentheses e.g. (2,945).) Net income LINK TO TEXT compute net income by product line and in total for Safe and Secure, Inc., if the company discontinues the Burglar Beware product line. (Hint: Allocate the their relative sales.) (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) 450,000 common costs to the two remaining product lines based on Assurance Decoder Company Total Net income s LINK TO TEXT Should Safe and Secure, Inc, eliminate the Burglar Beware product line? Why or why not? the total for the company is when the Burglar Beware product line is included LINK TO TEXT Assume instead that fixed expenses consist of $150,000 of common costs allocated to the three products equally, and additional fixed costs of $130,000 Assurance),295,000 Decoder), and $92,500 Burglar Beware The common costs will be incurred regardless of how many models are produced. The other fixed expenses would be eliminated if a model is phased out. Compute net income by product line and in total for Safe and Secure, Inc., if the company discontinues Burglar Beware product line. Should Safe and Secure, Inc., eliminate the Burglar Beware product line? Why or why not? (Enter loss using either a negative sign preceding the number e.g -2,945 or parentheses e.g. (2,945).) Assurance Decoder Company Total