The Mining Company has two divisions--Walter and Albert. The divisions have the following revenues and expenses: Walter $900,000 $800,000 $1,700,000 450,000 260,000 240,000 190,000 S(50,000) $100,000 $50,000 Albert Overall Sales Variable Expenses Traceable Fixed Expenses Allocated Common Expense:s Net Income 750,000 470,000 430,000 300,000 210,000 Management at Mining is pondering the elimination of Walter Division. If Walter Division were eliminated, its traceable fixed expenses could be avoided. The total common corporate expenses would be unaffected. What would Psych's overall company net income be if they dropped the Walter Division? A. $100,000 B. $50,000 C. $(140,000) D. S(190,000) The Yellowstone Company is considering the addition of a new product to its current product lines. The expected cost and revenue data for the new product are as follows: Annual sales Selling price per unit Variable costs per unit 3,000 units $309 $130 $50 Production Selling Avoidable fixed costs per year: Production $51,000 $75,000 $54,000 Selling Unavoidable allocated fixed corporate costs per year. If the new product is added to the existing product line, then sales of existing products will decline. As a consequence, the contribution margin of the other existing product lines is expected to drop $78,000 per year. What is the lowest selling price per unit that could be charged for the new product? A. $291 B. $222 C. $240 D. $248