Hong Publishing has purchased Lang Publishing. After reviewing titles from both companies, a decision must be made to determine what titles must be dropped. The following information is available to make the decision. Title X Sales Variable Cost $101,000 Title Y $150,000 Title Z $201,000 50,000 74,000 101,000 Contribution Margin $51,000 $76,000 $100,000 Direct Fixed Cost 21,000 29,000 40,000 Allocated Common Fixed Cost 9,000 15,000 19,000 Net Income $21,000 $32,000 $41,000 A. What is the total income if all titles were produced? B. If Title X was dropped, what would be the effect on Net Income? C. How much did Title X Contribute to Fixed Costs? D. Determine the cost and the amount that will remain even if Title X is dropped. E. Which costs and amount will be eliminated if Title X is dropped