Score: 0 of 1 pt 7 of 10 (3 complete HW Score: 20%, 2 of 10 E8-24A (similar to) Question Help Suppose Crispy Pop is considering discontinuing its outsie che product in. Assume that during the past year, the oth product in income statement showed the follow (Click the icon to view the income statement data) Click the icon for additional Information) at the company decides to discontinue the product ine, what wil happen to the company's operating income? Should Crispy Pop descontinue the cuttio cha product ine? Begin by preparing a contribution margin Income statement for the cate chat product ine. (Use a minus sign or parentheses to enter a lous) Sales revenue LES Data Table More info Contribution margin Los A B Fixed manufacturing overhead costs account for 40% of the cost of goods, Operating income 008) 1 Sales revenue 7,400.000 only 30% of the operating expenses are faced Since the ti chin just one of the company's cereal operations only 5720,000 of direct food com 2 Less: Cost of goods sold 6.150.000 majority of which advertising, will be in the productive di conced. The remainder of the fred cost wis still be incurred by the company 3 Gross profit 1,250.000 1.000.000 4 Less: Operating expenses Print Dond S 5 Operating income (los) (250,000) S Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear AB Check Answer 2. parts romaining