please solve the requirement , is it good to close foffice urniture from your financial perspection ? give me details on that please

in three point

Question Two: Amman Furniture Manufacturing Company produces and sells two types of fiuniture. home fumiture and office fiumiture. The income statement for 2021 is presented below by JODs: Home Omice Company furniture furniture Sales 1.000.000 700.000 1.700,000 Variable costs (600,000) (420.000) (1.020.000) Contribution margin 400.000 280.000 680.000 Direct fixed costs: Salaries for production managers (200,000) (200,000) (400,000) Common fixed costs: Insurance (14.706) (10.294) (25.000) Cleaning (3.529) (2.471) (6.000) Company's President salary (76.470) (53,530) (130,000) Net income JOD 105,295 JOD 13.705 JOD 119,000 The office fiuniture product line takes up approximately 50% of the company's retail floor space. The president of the company is trying to decide whether the company should stop producing office furniture and just concentrate on home furniture. The Cost Accounting Manager provided the President with the following information to help him make the decision: If the company stopped producing office furniture, direct fixed costs will be avoidable costs. If the company stop producing office furniture, sales and cost of sales of home fiuniture will increase by 20% without no effect on fixed costs. Common fixed costs are allocated based upon number of employees and this allocation is considered arbitrary and inaccurate to split the common costs between the two production lines. Requirement: The President of the company could not make a decision based upon the information provided by the Cost Accounting Manager, so he asked you (as a senior manager) to analyze the situation and recommend whether the Company should stop producing office furniture and also determine the financial benefits of stopping the office furniture production line. Income Statement post closing of Office Furniture: Avoidable fixed costs will get eliminated rest all fixed costs will remain Home Furniture 1 (JOD) 2 Sales 1200000 3 Less:Variable costs -720000 4 Contribution Margin 480000 5 Direct Fixed Costs: 6 Salaries for Production Managers -200000 7 Common Fixed Costs: 8 Insurance - 25000 9 Cleaning -6000 10 Company President's salary - 130000 11 Net Income 119000 formula structure A Home 1 Furniture (JOD) 2 Sales =1000000*120% 3 Less:Variable costs --600000*120% 4 Contribution Margin =B2+B3 5 Direct Fixed Costs: 6 Salaries for Production Managers - 200000 7 Common Fixed Costs: 8 Insurance --25000 9 Cleaning =-6000 10 Company President's salary - 130000 11 Net Income =SUM(B4:B10)