Members of the board of director of Safety Place have received to fofowing operating income data for the year anded May 1, 2024 mis the loan to view the operating income data) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the company should drop in Company accountants estime that dipping Industrial systems wil decrease fixed cost of goods sold by $83,000 and decrease fived selling and administrative expenses by 510,000 Read the mouirements Data table Requirement 1. Prepare a differential analysis to show whether Safety Place should drop the industryttere product ineu Safety Place Income Statement For the Year Ended May 11, 2024 Product Line industrial Household In operating income Systems Total Not Sales Revenue 1 300,000 $ 190.000 $490.000 Requirements Cost of Good Sold Variable 35.000 46,000 31000 Food 1. Prepare a differential analysis to show whether Safety Place should drop the 250.000 319.000 89,000 Industrial systems product ine 115.000 255.000 400.000 Total Cost of Goods Sold 2. Prepare contribution margin income statements to show Safety Place's to operating income under the watematies: (a) with the industrial systems Gross Pro 15.000 275.000 200.000 line and ib) without the line. Compare the difference between the two Help me solve this alternatives income numbers to your answer to Requirement1 3. What have you learned from the comparison in Requirement ? Print Doon Members of the board of director of Safety Place have received to fofowing operating income data for the year anded May 1, 2024 mis the loan to view the operating income data) Members of the board are surprised that the industrial systems product line is not profitable. They commission a study to determine whether the company should drop in Company accountants estime that dipping Industrial systems wil decrease fixed cost of goods sold by $83,000 and decrease fived selling and administrative expenses by 510,000 Read the mouirements Data table Requirement 1. Prepare a differential analysis to show whether Safety Place should drop the industryttere product ineu Safety Place Income Statement For the Year Ended May 11, 2024 Product Line industrial Household In operating income Systems Total Not Sales Revenue 1 300,000 $ 190.000 $490.000 Requirements Cost of Good Sold Variable 35.000 46,000 31000 Food 1. Prepare a differential analysis to show whether Safety Place should drop the 250.000 319.000 89,000 Industrial systems product ine 115.000 255.000 400.000 Total Cost of Goods Sold 2. Prepare contribution margin income statements to show Safety Place's to operating income under the watematies: (a) with the industrial systems Gross Pro 15.000 275.000 200.000 line and ib) without the line. Compare the difference between the two Help me solve this alternatives income numbers to your answer to Requirement1 3. What have you learned from the comparison in Requirement ? Print Doon
