please answer the 3 parts

Quarter follow de types of bicycles, mountain bike, and a racing 125 polres o Reference Sales Total Variable ang and alling expens 910,000 268.000 Contribution margin 449.000 402.00 6.000 114.400 303,00 Yine 41.000 1150 100 101 Advertising, traceable Depreciation of it 70,00 9,760 40.700 salaries of product manager 45,600 20.00 115,200 7.50 15,900 Allocated on fixed pe 40.100 30.110 14,500 Total findes 184,005 53,660 132.00 14.300 13 Met operating (los) 46,000 $ 11,400 112,100 'Allocated on the basis of sales dolls. Management is concerned about the continued losses shown by the rading bies and wants a recommendation as to where or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wout Required: 1. What is the financial advantaged advantage per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing bikes be discontinued? 3. Prepare a properly formatted segmented income statement that would be more useful to management in the longes profitability of the various product lines. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required What is the financial advantage (disadvantage) per quarter of discontinuing thu Racing Bikes e mounted range 125 points book rences Sale ital Variable wanting and welling 20.00 Contribution margin 469.00 14.00 303.05 Tide Advertising, traceable Depreciation of special gut 70,200 9.100 40,790 salaries of prodottelin managece 43.60 30,00 30.010 7,10 Allocated on fixed 115,300 29.100 Total fixed apenas 186.900 36,0 5,600 13.00 15.902 112 16.10 Net operating action 45,000 32.100 Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to where the line should be discontinued. The special equipment used to produce racing bikes has no resale ve and does not wat Required: 1. What is the financial advantage (disadvantagel per quarter of discontinuing the Racing ? 2. Should the production and sale of racing bikes be discontinued? 3. Prepare a property formatted segmented income statement that would be more to management inessing the long run profitability of the various product lines. Complete this question by entering your answers in the tabs below. Required! Required 2 Required Should the production and sale of racing bikes be discontinued Oras Ants advantage disadvantage per quarter of discontinuing the Racing Should the production and sale of racing bikes be discontinued 3. Prepare a property formatted segmented income statement that would be more useful to management the profitability of the various product lines. Ang bikes has no real and does ook Complete this question by entering your answers in the the below. References Required 1 Required 2 Required Prepare a properly formatted segmented income statement that would be more eft management profitability of the various product lines. Dirt Contribution margin () Traceable fixed expenses Total traceable foxed expenses Product line segment margin o) 0 OS 0 $ 0 0 1 Net operating income (6) $ 0