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Mastery Problem Duferential Analysis and Product Prieing Wootcere WoolCorp buyk sheep's wool from farmers. The company began operations in Jancary of this year, and is

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Mastery Problem Duferential Analysis and Product Prieing Wootcere WoolCorp buyk sheep's wool from farmers. The company began operations in Jancary of this year, and is making decisions on product offerings, pricing. and vendors The company is also examining its method of assigning overhead to products. Yoo've just been hired as a production manager at WoolCorp. Currently WoolCorp makes three products: (1) raw, clean wool to be used as sturhng ar insulation, (2) woal yarn for use in the texthe industry, and (3) eatra-thick yarn for use in rugy Upper manogement would like your recommendabions regarding a production decision regarbing their current and proposed groduct lines. Continue/Discontinue For the past year, Woolcorp has experimented with its third product, extra-thick rug yarn. The compary wishes to consider whether to cantinue ar discantinue manufacturing and selling this product, You decide to prepare a differential analysis of the lncome related to all three products, To begin your analysis, you review the following condensed income statement. Then scroll down to complete the diffecential analysis. Complete the following toble using the data in the preceding income statement to compare the effects of dropping the rug varn line of products. If required, use is minus sign to indicate a loss

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