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Green Company is considering dropping Product X Product X Sales $210,000 Less: variables costs 140,000 Contribution margin $ 70,000 Less: fixed costs 75,000 Net income

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Green Company is considering dropping Product X Product X Sales $210,000 Less: variables costs 140,000 Contribution margin $ 70,000 Less: fixed costs 75,000 Net income loss ($5,000) Product X's fixed costs include $30,000 that will continue. What would be the effect on income of the company as a whole and what is the correct decision? Multiple Choice O loss of $25,000, drop product X 0 loss of $40,000, keep product X 0 0 loss of $25.000; keep product X 0 0 loss of $40,000: drop product X

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