Please answer the following cost accounting problem

CoursHeroTranscribedText: Cocino Company produces blenders and coffeemalcers. During the past year. the company produced and sold 100.000 blenders and 25.000 coffeemakers. Fixed costs for Cocino totaled $250,000. of which $50,000 can be avoided if the blenders are not produced and $45.000 can be avoided if the coffee makers are not produced. Revenue a nd variable cost information follow: Blenders Coffee Hikers We ml: per qiance $23 $43 Sig Fine [a liance 22 45 Required 'I. Prepare productline income statements. Segregate direct and common fixed costs. 2. What would the effect be on Cocino's profit ifthe coffeemaker line is dropped? The blender line? 3. What would the effect he on firm profits ifan additional 10.000 blenders could be produced {using existing capacity} and sold for $20.50 on a specialorder basis? Existing sales would be unaffected by the special order