Edna Fashions operates three departments: Men's, Women's, and Accessories. Departmental operating income data for the third quarter of 2024 are as follows: E (Click the icon to view the data.) (Click the icon to view additional information.) If Edna Fashions drops a department, it will not incur these fixed costs. Under these circumstances, should Edna Fashions drop any of the departments? Give your reasoning. DO Begin by completing the following analysis to determine the increase or decrease in operating income from dropping the Accessories Department, the only Department showing an operating loss this quarter . (Enter decreases to profits with a parentheses or minus sign.) Edna Fashions Analysis of Dropping the Accessories Department Expected decrease in revenues Expected decrease in costs: Expected decrease in variable costs Expected decrease in fixed costs Expected decrease in total costs Vin operating income Under these circumstances, should Edna Fashions drop any of the departments? Give your reasoning Decision: Edna Fashions because - X Data table Edna Fashions Income Statement For the Quarter Ended September 30, 2024 Department Men's Women's Accessories $ 101,000 $ 59,000 $ 102,000 $ 65,000 35.000 91.000 Total Net Sales Revenue 262.000 191.000 Variable Costs Contribution Margin 36,000 27,000 24,000 19,000 11,000 29,000 71,000 75.000 Fixed Costs $ 9,000 $ 5,000 $ Operating Income (Loss) (18,000) $ (4,000) Print Done