Continue/Discontinue For the past year, WooCorp has experimented within the product, et rug van. The company wishes to consider whether to continue to discoriue manufacturing and willing the decide to prepare a directa as of the income related to the products to begin your way you even the condensed income statement. Then scroll down to complete WooCorp Condensed Income Statement For the Year Ended December 31, 2018 Maw Wood Wool Yarn RoYa Total com Salles $200,000 $155.000 $197.000 $552.000 Costs of goods sold Variable costs $48.000) (18,600 3037,1500 10370 Fixed cost (32.000) (12.4001 (24 6.100) Total cost of goods sold (80,000 31,0001 (61,400 (172.940) Gross profit $120.000 $124.000 $135.00 $79.000 Operating expenses Variable expense 0,0001 7.750) 3053.1) 065.8301 ed expenses (89,000) (106.2001 1223.2003 04.000 3085,250) 15,330 Total operating expenses $26.000 $3,250 $24.203 Operating income oss) Complete the following table using the data in the preceding income statement to compare the effects of dropping the rug var line of products. If routed, use a mission to indicates Diferencial Analysis Continue og Yarn (Alternative 1) or Discontinue Re Yarn (Alternative) December 31, 2018 Continue Rog Yarn (Alternative 1) Discontinue Rug Yarn (Alternative) Offerential Effects (Alternative >> 8.000 390.00 Revenues Costs Variable Fixed Profit loss Final Questions Answer the following question (1), then fill in table (2) 1. After reviewing your work on the continue/Discontinue panel, should WooCorp continuem tive 1) or discontinue (Alternative 2) the royarn product line! 2. The following table shows several business decisions that might need to be made across the top row. Along the left hand column, there are important factors to consider Select the factor(s) that are important to the decision. Select all that apply of the factor is not important to any of the decisions, selected on the otimportant dropdown, otherwise select "no". Lease or Sell or Special Price Continuer Not -| Process Further Order Make or Buy Discontinue Production Hotelek Important Impact on regular prices Contribution margin per bottleneck hour Differential revenue is more than diferential cost Supplier price is less than Wool Corp's variable cost per unit Robinson-Patman Act