In addition, you have determined the following information with respect to allecoted fixed costs Labels and Amount Descriptions Labels December 31, 20Y1 Fixed costs For the Year Ended December 31, 20Y1 Amount Descriptions Contribution margin Contribution margin ratio Fixed manufacturing costs Fixed selling and administrative expenses Income (Loss) from operations Manufacturing margin Revenues Sales mix Total fixed costs Variable cost of goods sold Variable selling and administrative expenses c. Use the report in (b) to determine the profit impact of eliminating the running shoe line, assuming no other changes. Use the minus sign to indicate a decline in profit If the running shoe line is eliminated, the profit of the company would increasel(decline) by b. Prepare a variable costing income statement for the three products. Apfer to the lists of Labels and Amount Descriptions for the exact wording of the answer choichs for text encres: Be other anounts as positive numbers