Questions 7 and 8 refer to the following information: The following information is for X Company's two products, A and B, last year: Sales Total variable costs Total fixed costs Profit Product A $92,680 53,754 28,410 $10,516 Product B 93,050 55,830 54,780 $-17,560 Because of the reported loss for Product B, X Company is considering dropping it. Further analysis reveals that $7,440 of Product A's fixed costs and $26,660 of Product B's fixed costs are common costs that the company allocates to the two products. 7. If X Company drops Product B, company profits will change by $-9,100 ou are correct. ur receipt no. is 152-4415Previous Tries 8. Assume that sales of Product A can be increased by $17,990 if Product B is dropped. What will be the effect of this increase on company profits? 782 Submit Answer Tries 3/5 Previous Tries