Current Attempt in Progress Ivanhoe Company is deciding whether or not to discontinue one of its divisions. The division's contribution margin is $28000 per year. The fixed costs charged to the division total $35000, but $16000 would be eliminated if the division is discontinued. If the division is eliminated, the overall operating income will decrease by $12000. O increase by $28000. O decrease by $9000. decrease by $16000. Save for Later llow Prod el ac proc llow he gr llow ers pl cons non llowi

Ivanhoe Company is deciding whether or not to discontinue one of its divisions. The division's contribution margin is $28000 per year. The fixed costs chzrged to the division total $35000, but $16000 would be eliminated if the division is discontinued. If the division is eliminated, the overall operating income will decrease by $12000. increase by $28000. decrease by $9000. decrease by $16000