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Please answer requirements 1,2, and 3. Thank you very much. Requirements 1. Prepare an incremental analysis to show whether Pennsylvania Flooring should discontinue the laminate

Please answer requirements 1,2, and 3. Thank you very much. image text in transcribed
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Requirements 1. Prepare an incremental analysis to show whether Pennsylvania Flooring should discontinue the laminate 2. Assume that the company can avoid $29,000 of fixed expenses by discontinuing the laminate flooring 3. Now, assume that all of the fixed costs assigned to laminate flooring are direct fixed costs and can be flooring product line. Will discontinuing laminate flooring add $28,000 to operating income? Explain. product line (these costs are direct fixed costs of the laminate flooring product line). Prepare an incremental analysis to show whether the company should stop selling laminate flooring. avoided if the company stops selling laminate flooring. However, marketing has concluded that wood flooring sales would be adversely affected by discontinuing the laminate flooring line (retailers want to buy both from the same supplier). Wood flooring production and sales would decline 10%. What should the company do

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