Challenge Exercise 23-02 a d (Part Level Submission) Safe and Secure, Inc. produces three models of home security systems. Information on the three products is given below: Sales Variable expenses Contribution margin Fixed expenses Net Income Assurance $447,600 223,800 223,800 181,000 $42,800 Decoder $746,000 298,400 447,600 338,700 $108,900 Burglar Beware $303,900 212,730 91,170 143.700 $(52,530 ) Fixed expenses consist of $443,400 of common costs allocated to the three products based on relative sales, and additional fixed costs of $45.600 (Asurance $121,200 (Decoder). and $53,200 (Burglar Beware). The common costs will be incurred regardless of how many models are produced. The other forced 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. Your answer is correct. 2.905 or parentheses (2.945) Compute current net income for safe and Secure, Inc. (Enter loss using either a negative sign preceding the number .. T 99170 Net income 3:08 PM 0857 Click if you would like to show Work for this question: Open Show Work CALCULATOR PRINTER VERSION Arremesso used BACK (b) 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 $443,400 common costs to the two remaining product lines based on their relative sales.) (Enter loss using either a n ative si preceding the number . 2,945 or parentheses e.. (2,945) Assurance Decoder Company Total Net income Click if you would like to Show Work for this question: Doen Show Work LINK TO TEXT Attempts: 0 of 3 used SAVE FOR LATER (c) The parts of this question must be completed in order. The part will be available when you complete the stabi. ee the S