Syment session Locator Sinprogress=false ENP eBook Calculator Alanson $1,280 Boyne Conway $270 176 Sales revenue Less: Variable expenses $185 Total $1,735 1,336 1,115 Contribution margin $94 $399 Less direct fixed expenses: Depreciation Salaries S0 15 13 78 - 95 85 280 100 Segment margin $20 $40 $(19) $41 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold. Assume that each of the three products has a different supervisor whose position would remain if the associated product were dropped. Required: CONCEPTUAL CONNECTION: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000" rather than 15 $ Should Petoskey keep or drop Conway? Check My Work Previous Next > 93 81%) - 40 anena onLocator=&inprogress=false * BNP eBook Calculator Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Boyne Conway Total Sales revenue $1,280 $185 $270 $1,735 Less: Variable expenses 1,115 45 176 1,336 Contribution margin $165 $140 $94 $399 Less direct fixed expenses: Depreciation Salaries 85 100 200 Segment margin $20 $40 $(19) $41 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold. Assume that each of the three products has a different supervisor whose position would remain if the associated product were dropped. Required: CONCEPTUAL CONNECTION: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000" rather than "15". Check My Work Previous Next > i L G 11:55 AM 4/13/2020