Decision to Discontinue a Product On the basis of the following data, the general manager of foremost Footwear Inc. decided to docente Care's Shoes became a reduced income from cotics by $25,000 what is the fast costs would not be materially affected by the discontinuance Foremost Footwear Inc. Product-Line Income Statement For the Year Ended April 30, 2017 Sales Children's Shoes $165,000 Men's Shoes $300,000 $500,000 $965,000 Women's Shoes Total Costs of goods sold: Variable costs Fixed costs $105,000 32,000 60,000 $150,000 $220,000 $475,000 120,000 212,000 Total cost of goods $137,000 $210,000 $340,000 $687,000 sold Gross profit $25,000 $90,000 $160,000 $278,000 Selling and adminstrative expenses: Variable selling and $21,000 admin, expenses $45,000 $95,000 $161,000 Fixed selling and 17,000 20,000 25,000 62,000 admin, expenses Total selling and $38,000 $65,000 $120,000 $223,000 admin, expenses Income (loss) from $(10,000) $25,000 $40,000 55,000 operations If the Children Shoe's are discontinued, the company's income would decrease by s x Check My Work heck My Work Prec See and Eat Subma