Gilbert Canned Produce (GCP) packs and sells three varieties of canned produce: green beans; sweet peas; and tomatoes. The company is currently operating at 82 percent of capacity. Worried about the company's performance, the chief marketing officer is considering dropping the canned sweet peas. If sweet peas are dropped, the revenue associated with it would be lost and the related variable costs saved. In addition, the company's total fixed costs would be reduced by 15 percent. Segmented income statements appear as follows: Sales Variable costs Contribution margin Fixed costs allocated to each product line Green Beans $ 84,000 58,200 $ 25,800 10,780 Sweet Peas $ 114,500 104,400 $ 10,100 15,340 Tomatoes $ 15,020 $ (5,240) $ 134,200 109,300 $ 24,900 20,360 $ 4,540 Operating profit (loss) Required: a. Prepare a differential cost schedule. b. Should Gilbert Canned Produce drop the sweet pea product line? Complete this question by entering your answers in the tabs below. Required A Required B Prepare a differential cost schedule. (Select option "increase" or "decrease", keeping Status Quo as the base. Select "none" if there is no effect.) Revenue Less: Variable costs Contribution margin Less: Fixed costs Operating profit (loss) Alternative: Drop Status Quo Sweet Peas Difference < Required A Required B > b. Should Gilbert Canned Produce drop the sweet pea product line? Complete this question by entering your answers in the tabs below. Required A Required B Should Gilbert Canned Produce drop the sweet pea product line? Should Gilbert Canned Produce drop the sweet pea product line? < Required A Required B >