Quince Products is a small company in southern California that makes jams and preserves. Recently, a sales rep from one of the company's suppliers suggested that Quince could increase its profitability by 40 percent if it introduced a second line of products, packaged fruit. She offered to do the analysis and show the company her assumptions When Quince's management opened the spreadsheet sent by the sales rep, they noticed that there were several blank cells. In the meantime, the sales rep had taken a job with a competitor and told the managers at Quince that she could no longer advise them Although they were not sure they should rely on the analysis, they asked you to see if you could reconstruct the sales rep's analysis They had been considering this new business already and wanted to see if the analysis was close to that of an outside observer Required: Fill in the blank cells. (Enter all amounts as positive values.) QUINCE PRODUCTS Projected Income Statement For One Month Stotus Quo: % Increase Alternative: Single Product (Decrease) Two Products 2095 16 500 Difference 2.340 540 Sales revenue Costs Material Labor 1.800 300 25 25 0 75 net Required: Fill in the blank cells. (Enter all amounts as positive values.) QUINCE PRODUCTS Projected Income Statement For One Month Status Quo: % Increase Alternative: Single Product (Decrease) Two Products 20% $ 16,500 Difference Sales revenue Costs 1,800 2,340 Material 30% 540 25 % Labor 0 % 420 70 350 150 20% 20% 899 % 279 Rent Depreciation Utilities Other Total costs Operating profit $ 620 11,100 2,650 % $