Question 7 2 pts Fruit Pie Ind. has three product lines-Strawberry, Cherry, and Apple. The following information is available: Strawberry Cherry Apple Sales revenue $70,000 $50,000 $31,000 Variable costs 120.000 10.000 12.000 Contribution margin $50,000 $40,000 $19.000 Fixed costs (15.000 15.000 23,000 Operating Income (los) $25.000 $25,000 $14.000 The company is deciding whether to drop product line Apple because it has an operating loss, Assuming fixed costs are unavoidable, if Berry Pie Inc drops product line Apple and rents the space formerly used to produce product Apple for $20,000 per year, total operating income will be $57.000 $12.000 $23.000 $19.000