EXAM-CH 23 Home - alamo.edu 0/4 pts Incorrect Question 11 The condensed income statement for Northwest Metal Products Co.for the past year is presented as follows: Product Rims Covers Clamps Total Sales $300,000 $320,000 $340,000 $960,000 Less variable 180.000 190.000 220.000 590,000 costs Contribution $120,000 $ 130,000 $120,000 $370,000 margin Less fixed 50.000 140.000 150.000 340,000 costs Income (loss) Ifrom $ 70,000 $ (10,000) $ 30.000 (30,000) operations. Management is considering the discontinuance of the manufacture and sale of Clamps at the beginning of the current year. The discontinuance would have no effect on the total fixed costs and expenses or on the sales of the other products. What is the amount of change in income from operations for the current year that will result from the discontinuance of Clamps? S340.000 decrease