Calculate the difference in income/loss between keeping or dropping a product (assume no fixed costs can be eliminated if product is dropped). See the following:

• Selling price per unit = $18.50
• Direct materials and labor per unit = $12.25
• Variable overhead per unit = $3.75
• Fixed overhead per unit = $4.00
• Income (Loss) per unit = $(1.50)
• Sales in units = 30,000