WoolCorp Continue Discontinue For the past you. WooCorp has experimented with its third product, extra-thick rug yarn. The company wishes to consider whether to continue or discontinue manufacturing and selling this product. You decide to prepare a diferential analysis of the income related to all the products. To begin your analysis, you review the following condensed income statement Then scroll down to complete the differential analysis WoolCorp Condensed Income Statement For the Year Ended December 31, 2018 Row Wool Wool Yarn 1700,000.00 5155.000.00 Com $ 50.00 $177,000.00 Sales Cost of good Ww 541.000.00 2.000.00 110,000.00 S6000 17.400.00 351.000.00 5103/100 AUTO Toto G Org $2.19000 270.00 SALO00 $115.0000 SHADO LE Net Continuo Discontinue WoolCorp Condensed Income Statement For the Year Ended December 31, 2018 Raw Wool Wool Yarn $200,000.00 $155.000.00 1 Sales Rug Yam $177,000.00 Total Company 5552,000.00 Cost of goods sold Variable costs $18.600.00 $37,190.00 543,000.00 32,000.00 $105,790,00 Fests Total cost of goods sold 17.400.00 531,000.00 24,78000 561,970.00 $80,000.00 $120,000.00 69.180,00 3172.970.00 $959.050.00 5124.000.00 5115.050.00 Operating penses Valtese 9 $5.000.00 553,170.00 89.000.00 105.700.00 365.170.00 275.200.00 $39.00.00 11 52.750.00 78.000.00 10.00 550.00 Total pelating expenses income from con 1 594.000.00 576.000.00 $409000) 19.000 Differential Analysis Continue Rug Yarn (Alternative 1) or Discontinue Rug Yarn (Amative 2) December 31, 2018 Discontinue Continue Ragam Rag Yam Alternative 1) (Alternative 2) $177,000.00 $0.00 Differential Effect on Income Alternative) ${177.000.00 1 Revenues Costs 5 Variable Feed Income $90,310.00 150.98000 5440.00) $0.00 (130.980.00 5(9001000 000 Next A work savel Emin Sub Test for Grading Answer the following question (1),then te in tablie (2). 1. After reviewing your work on the Cortina Discontine panel, should WoolCorp continue (Alternativo 1) er discontinue (Alternative 2) me nug yarn product line? Contine Alternative 1) The company is inderent between Alemanive 1 and Anerative 2 Discontinue (Alternative 2. The following table shows a business contred to be made scrow the top row. Along the top rand column. There are important factors to consider Varuhle $0.310.00 150,900.00 $( 490.00 50.00 (1.50.98000 390,310.00 0.00 come on