Variable and Absorption Costing-Three Products Winslow Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for the three shoes are as follows: Winslow Inc. Product Income Statements-Absorption Costing For the Year Ended December 31, 201 Cross Training Shoes Golf Shoes Running Shoes Revenues Cost of goods sold Gross profit Selling and administrative expenses Operating income $341,500 $211,700 $177,800 (177,600) (103,700) (119,100)) $163,900 $108,000 $58,700 (141,000) (77,800) (98,000) $22,900 $30,200 $(39,300) In addition, you have determined the following information with respect to allocated fixed costs: Fixed costs: Cost of goods sold Selling and Idministrative expenses Cross Training Shoes Golf Running Shoes Shoes $54,600 $27,500 $24,900) 41,000 25,400 24,900 These fixed costs are used to support all three product lines and will not change with the elimination of any one product. In addition, you have determined that the effect