Urgent. Hello expert, Direct answers if possible kindly assist me with this managerial Accounting Assignment.

Tri Town Unlimited produces and sells three lines of carpet: economy, standard, and deluxe. Moore Thomas, the chief financial officer of the company, has prepared the following report on the profitability in the past year. In the report, fixed costs are allocated based on yards of carpet. Upon seeing the report, Thomas Taylor, the president of Tri Town Unlimited, suggested that the company should consider dropping the economy grade and concentrate on the two other lines. Moore replied, however, that doing this would lead to the cost allocation death spiral. Revise the report assuming the company drops the economy grade. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) If either the standard or the deluxe grades is reporting a loss in part a, revise the report assuming that it is also dropped. (Enter loss using either a negative sign preceding the number eg. -45 or parentheses eg. (45).)