Top managers of Vermont Flooring are alarmed by their operating losses. They are considering dropping the laminate flooring product line. Company accountants have prepared the following analysis to help make this decision: (Click the icon to view the analysis.) Total fixed costs will not change if the company stops selling laminate flooring. Read the requirements Requirement 1. Prepare an incremental analysis to show whether Vermont Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $28,000 to operating income? Explain. (Enter a "0" in an input box if there is no expected change as a result of discontinuing the laminate flooring product in this scenario.) Incremental Analysis for Discontinuation Decision Total Contribution margin lost if laminate flooring product line is dropped Less: Fixed cost savings if laminate flooring product line is dropped Operating income if laminate flooring is dropped Choose from any list or enter any number in the input fields and then click Check Answer 6 parts remaining Clear All Check Answer omework: HW 5 re: 0 of 3 pts 3 of 10 (2 complete) HW Score: 18.57%, 5.57 of . Data Table Vermont Flooring Product Line Contribution Margin Income Statement For the Year Product lines Wood flooring Laminate flooring Company Total Sales revenue $ 306,000 $ 128 000 $ 434.000 Less Variable expenses 156.000 82 000 238,000 Contribution margin $ 150.000 $ 46.000 $ 196.000 Less fixed expenses Manufacturing 75 000 55 000 130.000 51.000 Marketing and administrative 19.000 70.000 $ 24.000 $ Operating income (oss) 28.000) 5 (4000) n 55 e Print Done pa