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Safe and Secure, Inc produces three models of home security systems Information on the three products is given below $305000 $443700 $739500 Variable expenses 22185o

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Safe and Secure, Inc produces three models of home security systems Information on the three products is given below $305000 $443700 $739500 Variable expenses 22185o 295800213500 91500 Contribution margin 221850 443700 Fixed expenses 177200 343300 141300 $44650 $100400 Net income Fixed expenses consist of $443000 of common costs allocated to the three products based on relative sales, and additional fixed costs of $44900 (Assurance), $120200 Decoder), and $53700 (Burglar Beware). The common costs will be incurred regardless of how many models are produced. The other fixed expenses would be eliminated f a model is phased out. with extensive law enforcement background, feels that the Burglar Beware line should be discontinued to increase the company's net income. Compute net income by product line and in total for Safe and Secure, Inc.,if the company discontinues the Burglar Beware product line. Hint Allocate the $443000 common costs to the two remaining product lines based on their relative sales.) (Enter loss using either a negotive sign preceding the number es. 2.945 or parentheses e.g. (2,945)) Company Total 176950 $

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