Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Boyne Conway Total Sales revenue $1,280 $185 $300 $1,765 1,115 45 240 1,400 Less: Variable expenses Contribution margin Less direct fixed expenses $165 $140 $60 $365 Depreciation 50 15 15 80 Salaries 95 85 BB 268 Segment margin $20 $40 $(43) $12 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold Assume that each of the three products has a different supervisor whose position would be eliminated if the associated product were dropped. Required: Conceptual Connection: Estimate the impact on profit that would result from dropping Conway Enter amount in full, rather than in thousands. For example, "15000* rather than 15 Increase Should Petos key keep or drop Conway? Drop Previous Next Check My Work 2 more Check My Works uses remaining CE Submit Aakin ment for radio