valus: 2.85 points O'Nell Enterprises produces a line of canned soups tor sale at supermarkets across the country. Demand has been soft recently and the company is operating at 70 percent of capacity. The company is conslcerng droppling one of the soups, beef barley, in hopes of improving profitability. If beef barley is dropped, the revenue associated with it will be lost and the related variable costs saved. The CFO estimates that the fixed costs will also be reduced by 25 percent The fo lowing product line staternents are available: Produc Gales Variable costs Hroth Beet Baney Minestrone 535,300 46.400 11,000 354,000 12.500 Contribution margin 7,100 6,000 S3 000) 9,500 S2,800 xed costs allocated to each product line Operating profit (loss) Required: a-1. Complete the to lowing dtterential cost schedule. Status Quo Alternative under Beef Barley the a Revenue Less. Variable cosls Contnhuton margin Less:xed costs Operating profit (oss