The management of Clock Works Corporation is considering dropping its Hand Watch product line. Data from the company's accounting system appear below: Sales KD 935,000 Variable expenses KD 350,000 Fixed manufacturing expenses KD 358,000 Fixed selling and administrative expenses KD 244,000 In the company's accounting system, all fixed expenses of the company are fully allocated to products. Further investigation has revealed that KD 216,000 of the fixed manufacturing expenses and KD 173,000 of the fixed selling and administrative expenses are avoidable if the Hand Watch product line is discontinued. REQUIRED: Calculate the Following if Hand Watch product line is Dropped: Contribution Margin Lost = KD Fixed Cost Avoided = KD Financial Advantage or Disadvantage of Dropping the Hand Watch product line = KD If Clock Works total Net Operating Income from all its products before dropping Hand Watch product line was KD 560,000, then after dropping the Hand Watch product line its total Net Operating Income would be = KD