Check my work 4. Required information Part of 2 MSi considering eliminating a product from its ToddleTown Tours collection. This collection is aimed at children one to three years of age and includes tours of a hypothetical town. Two products. The Pet Store Parade and The Grocery Getaway, have impressive sales. However, sales for the third CD in the collection, The Post Office Polka, have tagged the others. Several other CDs are planned for this collection, but none is ready for production MSI's information related to the ToddleTown Tours collection follows: Segmented Income statement for its Toddletown Tours Product Lines Post Pet Store Grocery Office Parade Cety Pos Totat Sales revenue $185, $100.000 530.000 235.000 Variable costs 43.100 35,000 111,000 Contribution margin $ 60 $ 59,00 35.00 $124.00 Less Direct Fixed costs 2,0206,400 4.60 10,200 Segment margin 35.000 357.603280 $105.620 Less: Common Fixed costs. 45.750 7.000 1.500 11.250 Net Operating Incore loss 142.50 4600 530,50 45,00 Allocated based on total sales revenue MSI has determined that elimination of the Post Office Polka (POP) program would not impact sales of the other two tors. The remaining foxed overhead currently allocated to the POP product would be redistributed to the remaining two products Required: 1. Calculate the incremental efect on profit the POP product is eliminated 2. Should MSI drop the POP product? 3a. Calculate the incremental effect on prott if the POP product is eliminated. Suppose that 51.000 of the common fined costs could be avoided if the POP product line were liminated 3-b. Should MSI drop the POP product? Me GT 16