The condensed product-line income statement for Dish N' Dat Company for the month of March is as follows: Dish N' Dat Company Product-Line Income Statement For the Month Ended March 31 1 Bowls Plates Cups 2 Sales $70,530.00 $105,840.00 $31,170.00 3 Cost of goods sold 32,650.00 42,010.00 17,180.00 4 Gross profit $37,880.00 $63,830.00 $13,990.00 5 Selling and administrative expenses 27,360.00 42,340.00 16,640.00 6 Income from operations $10,520.00 $21,490.00 $(2,650.00) Fixed costs are 10% of the cost of goods sold and 50% of the selling and administrative expenses. Dish N' Dat assumes that fixed costs would not be materially affected if the Cups line were discontinued.