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CC The management accountant for Giada's Book Store has prepared the following income statement for the most current year. Cookbook Travel Book Classics Total
CC The management accountant for Giada's Book Store has prepared the following income statement for the most current year. Cookbook Travel Book Classics Total Sales Cu Cost of goods sold Gross profit $63,000 $170,000 $52,000 $285,000 37,000 67,000 25,000 129,000 26.000 103,000 27,000 156,000 Order and delivery processing 21,000 22,000 9,000 52,000 > Rent (per sq. foot used) 5,000 4,000 4,000 13,000 Allocated corporate costs 8,000 8,000 8,000 24,000 GUN Corporate profit $ (8,000) $69,000 $6,000 $67,000 If the travel book line had been discontinued, corporate profits for the current year would have decreased by (Assume there is no alternative use for the 19 www OA. $81,000 26 26 OB. $69,000 C. $77,000 OD. $103,000
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