please do all requiremtns

costs will equiremen Requirements ent 1. Prep) $26,000 ario.) bcontinuing lamina nate flooring produ Increment en margin 1. Prepare an incremental analysis to show whether California Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $26,000 to operating income? Explain. 2. Assume that the company can avoid $30,000 of fixed expenses by discontinuing the laminate flooring 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 seling laminate flooring, 3. Now, assume that all of the fixed costs assigned to laminate flooring are direct fixed costs and can be 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? d cost savil income Print Done om any list or enter any number in the input fields and then click Check Answer Clear All Final.check Ques Data Table Company gers of California ared the following the icon to view costs will not cha equirements. Will disconti e laminate ent 1. Prepare a $26,000 to ope mario.) Incremental An en margin lost if cost savings it income A B D 1 California Flooring 2 Product Line Contribution Margin Income Statement 3 For the Year 4 Product lines Laminate 5 Wood flooring flooring Company Total 6 Sales revenue $ 305,000 $ 130,000 $ 435,000 7 Less: Variable expenses 154,000 88,000 242,000 8 Contribution margin $ 151,000 $ 42.000 193,000 9 Less fixed expenses: 10 Manufacturing 73,000 49,000 122.000 11 Marketing and administrative 59,000 19,000 78,000 Anna.fi s 19.000ls (26.000s 17.000 im any list or en Print Done ng Final Check Top managers of California Flooring are alarmed by their operating losses. They are considering dropping the laminate flooring product line. Company accountants have prepared the following analysis to help make this decision Click the icon to view the analysis.) Total fixed costs will not change if the company stops selling laminate flooring. Read the requirements Do it Requirement 1. Prepare an incremental analysis to show whether California Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $26,000 to operating income? Explain. (Enter a "0" in an input field if there is no expected change as a result of discontinuing the laminate flooring product in this scenario.) Total Incremental Analysis for Discontinuation Decision Contribution margin lost if laminate flooring product line is dropped Less: Fixed cost savings if laminate flooring product line is dropped Operating income if laminate flooring is droppeid Choose from any list or enter any number in the input fields and then click Check Answer 6 parts remaining Clear All Final Check