Suppose Crispy Pop is considering discontinuing its yummy pebbles product line. Assume that during the past year, the yummy pebbles' product line income statement showed the following: Click the icon to view the income statement data.) (Click the icon for additional information.) If the company decides discontinue the product line, what will happen to the company's operating income? Should Crispy Pop discontinue the yummy pebbles product line? Begin by preparing a contribution margin income statement for the yummy pebbles' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue S 7,500,000 Less: Variable expenses 47400000 Contribution margin 2760000 Less: Fixed expenses 29100001 150000 Operating income (loss) Suppose Crispy Pop is considering discontinuing its yummy pebbles product line. Assume that during the past year, the yummy pebbles' product line income statement showed the following: (Click the icon to view the income statement data.) (Click the icon for additional information.) If the company decides discontinue the product line, what will happen to the company's operating income? Should Crispy Pop discontinue the yummy pebbles product line? X Begin by preparing a contribution margin income statement for the yummy pebbles' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue S 7,500,000 Less: Data Table 47400000 Variable expenses Contribution margin 2760000 Less: Fixed expenses 29100001 A B Operating income (loss) 150000 1 Sales revenue 7,500,000 2 Less: Cost of goods sold 6,150,000 3 Gross profit 1,350,000 4 Less: Operating expenses 1,650,000 5 Operating income (loss) $ (300,000) Print Done Suppose Crispy Pop is considering discontinuing its yummy pebbles product line. Assume that during the past year, the yummy pebbles' product line income statement showed the following: (Click the icon to view the income statement data.) (Click the icon for additional information.) If the company decides discontinue the product line, what will happen to the company's operating income? Should Crispy Pop discontinue the yummy pebbles product line? X Begin by preparing a contribution margin income statement for the yummy pebbles' product line. (Use a minus sign or parentheses to enter a loss.) Sales revenue S 7,500,000 Data Tabla Less: Variable expenses 47400001 Contribution margin 2760000 More Info Less: Fixed expenses 2910000 150000 Operating income (loss) Fixed manufacturing overhead costs account for 40% of the cost of goods, while only 30% of the operating expenses are fixed. Since the yummy pebbles line is just majority of which are se cereal operations, only 8770,000 of direct fixed costs (the discontinued. The remainder of the fixed costs will still be incurred by the company. Print Done