Exercise 8-17 Twinkie Trivia Co. manufactures and sells two trivia products, the Square Trivia Game and the Round Trivia Game. Last quarter's operating profits, by product, and for the company as a whole, were as follows: Sales Variable expenses Contribution margin 9,590 4,040 13 Fixed expenses Operating income 6,710-81602 $6,550 uare Round Total 4,510 2,950 .460 2,880 4,200 $14,100 $6,990 $21,090 ,630 Forty percent of the Round Game's fixed costs could have been avoided if the game had not been produced or sold. If the Round Game had been discontinued before the last quarter, what would operating income have been for the company as a whole? Operating income without round Problem 8-30 (Part Level Submission) Ridley and Scott Mercantile operates two stores, one on Maple Avenue and the other on Fenner Road. Results for the month of May, which is representative of all months, are as follows: Maple Avenue Fenner Road Store Store Total S82,200$120,000 $202,200 Sales Variable expenses Contribution margir Direct fixed expenses Common fixed expenses4,900 Total fixed expenses Operating income 85,000112.000 5,00085,200 60,400 10,500 46,60070.900 32.000 50,200 19,400 41,000 24,300 25,900$(C11,600) $14.300 The following information pertains to Ridley and Scott's operations . One-fourth of each store's direct fixed expenses would continue if either store were closed. Ridley and Scott allocates common fixed expenses to each store on the basis of sales dollars. " Management estimates that closing the Fenner Road store would result in a 10% decrease in the Maple A store would have no effect on the Fenner Road store's sales venue store's sales, while closing the Maple Avenue (a1) Calculate the operating income if the Fenner Road store is closed Operating income s