Ol P25-23A (similar to) Question Help Members of the board of directors of Security System have received the foliowng operating income data for the year ended May 31, 2018 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 commission a study to determine whether the company should drop the line. Company accountants estimate that dropping industrial systems wil decrease fixed cost of goods sold by $81,000 and decrease foxed selling and administrative o expenses by $12.000 i Read the coguicements Requirement 1. Prepare a diferentiat onlysis to show whether Securty Syskon should op te ndustrial system product to (Use parentheses or anus santo Winter decreases to profits U 2 en party income then to Choo Answer Data Table Vry wyLUTTE Income Statement For the Year Ended May 31, 2018 Product Line Industrial Household Systems Systems Total $ 310,000 $ 330,000 $ 640,000 Net Sales Revenue Cost of Goods Sold: Variable 33,000 230,000 44,000 66,000 77,000 296,000 Fixed 263,000 110,000 373,000 Total Cost of Goods Sold 47,000 220,000 267,000 Gross Profit Selling and Administrative Expenses Variable 66,000 41,000 77,000 25,000 143,000 66,000 Fixed 107,000 102.000 209,000 Total Selling and Administrative Expenses $ (60,000) $ 118,000 $ 68,000 Operating Income (Loss) tel Print Dane