Magnolia Incorporated has been concerned for some time with the financial performance of its product 11S and has considered discontinuing it on several occasions. Data from the company's accounting system appear below Sales 760,000 Variable Expenses $350,000 Fixed Manufacturing Expenses $258,000 Fixed Selling and Administrative Expenses $198,000 In the company's accounting system as fixed expenses of the company are fully allocated to products. Further investigation has revealed that S160000 of the fixed manufacturing expenses and $140,000 of the fixed seling and administrative expenses are avoidable if product 115 is discontinued. What would be the effect on the company's overall net operating income if product 1115 were dropped? Select one: o a, $110,000.00 O b, $20,000.00 . $250,000.00 d.5270,000.00 Magnolia Incorporated has been concerned for some time with the financial performance of its product 1S and has considered discontinuing it on several occasions. Data from the company's accounting system appear below Sales $760,000 Variable Expenses $350,000 Fixed Manufacturing Expenses 258,000 Fixed Selling and Administrative Expenses $198,000 in the company's accounting system all fixed expenses of the company are fulily allocated to products. Further investigation has revealed that $160,000 of the fixed manufacturing expenses and $140,000 of the fxed selling and administrative expenses are avoidable if product 111S is discontinued. What would be the effect on the company's overall net operating income if product 1115 were dropped? Select one O a, $110,000.00 C$250,00.00 S27000000