Members of the board of directors of Control One have received the following operating some data for the year ended May 31, 2018 Cicloon to view the origine de Members of the board are the line is not soft. They common a study there whether the company crop in Company costul tropong yum wil del cost of goods by 567,000 rengandi by $15.000 Rand the requirements Requirement 1. Prepare a differential analysis to show whether Control One should drop the industrial systems product line. (Use parentheses or a minus sign to arter decreases to profits.) in operating income Members of the board of directors of Control One have received the following operating income d (Click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is not profitable. They decrease fixed cost of goods sold by $82,000 and decrease fixed selling and administrative expen Read the requirements. Requirement 1. Prepare a differential analysis to show whether Control One should drop the indus Expected decrease in fixed costs Expected decrease in total variable costs Expected increase in fixed costs Expected increase in total variable costs strial systems pl decrease fixed Control One Income Statement For the Year Ended May 31, 2018 Product Lino Industrial Household Systems Systems Total $ 300,000 $ 310,000 $ 610,000 o profits.) show whether Net Sales Revenue Cost of Goods Sold: Variable 39,000 220,000 43,000 64,000 82,000 284.000 Fixed 259,000 107.000 366.000 41,000 203,000 244,000 Total Cost of Goods Sold Gross Profit Selling and Administrative Expenses Variable 72,000 22.000 138,000 62,000 Fixed 66,000 40,000 106,000 (65,000) 94,000 200,000 Total Selling and Administrative Expenses s 109,000 $ 44,000 Operating Income (Loss) strial systems pl decrease fixed Control One Income Statement For the Year Ended May 31, 2018 Product Lino Industrial Household Systems Systems Total $ 300,000 $ 310,000 $ 610,000 o profits.) show whether Net Sales Revenue Cost of Goods Sold: Variable 39,000 220,000 43,000 64,000 82,000 284.000 Fixed 259,000 107.000 366.000 41,000 203,000 244,000 Total Cost of Goods Sold Gross Profit Selling and Administrative Expenses Variable 72,000 22.000 138,000 62,000 Fixed 66,000 40,000 106,000 (65,000) 94,000 200,000 Total Selling and Administrative Expenses s 109,000 $ 44,000 Operating Income (Loss)