The following income statement is for X Company's two products, A and B: Product A $88,000 47,520 $40,480 Product B $90,000 54,000 $36,000 Revenue Total variable costs Total contribution margin Total fixed costs Avoidable Unavoidable Profit 29,810 29,810 $-19,140 16,152 10,768 $9,080 If X Company drops Product A because it shows a loss and is able to use the vacant space to increase sales of Product B by $30,100, with $3,000 of additional fixed costs, what will be the effect on firm profits? Submit Answer Tries 0/3