Which of the following is the key to making short-term special decisions w.from the managerial accounting perspective. Relevant revenues, costs, and profits B Use of traditional income statements only Use of a contribution margin approach Both A and C Tape Cod Comfort manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but currently roduces and sells 75,000 seats per year. The following information relates to the current production of the product: If a special sales order is accepted for 7,200 seats at a price of $330 per unit, and fixed costs remain unchanged, how would operating income be affected? (NOTE: Assume regular sales are not affected by the special order) If a special sales order is accepted for 7,200 seats at a price of $330 per unit, and fixed costs remain unchanged, how would operating income be affected? (NOTE: Assume regular sales are not affected by the special order.) Increase by $4,000,000 Increase by $288,000 Decrease by $288,000 Decrease by $2,376,000 Lantern Company has three product lines: D, E, and F. The following information is available: tal Operating Income: $20,000 Lantern Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed expenses are unavoidable-The Fixed Costs will remain even when product line F is discontinued. Assuming Lantern Company discontinues product line F and does not replace it, what affect will this have on operating income? Operating income will increase by $11,000 Operating income will decrease by $11,000 Operating income will increase by $45,000 Operating income will increase by $6,000 Operating income will decrease by $6,000