Decision to Discontinue a Product On the basis of the following data, the general manager of Featherweight Shoes Inc, decided to discontinue Children's Shoes because it reduced income from operations by $17,000. Featherweight Shoes Inc. Product-Line Income Statement For the Year Ended April 30, 2048 Children's Shoes Men's Shoes Women's Shoes Total Sales $235,000 $300,000 $500,000 $1,035,000 $130,000 41,000 $150,000 60,000 Costs of goods sold: Variable costs Fixed costs Total cost of goods sold Gross profit Selling and administrative expenses: Variable selling and admin. expenses Fixed selling and admin. expenses $220,000 120,000 $340,000 $160,000 $500,000 221,000 $721,000 $314,000 $171,000 $210,000 $90,000 $64,000 $46,000 35,000 $45,000 20,000 $65,000 $95,000 25,000 $120,000 $186,000 80,000 $266,000 Total selling and admin. expenses $81,000