Wordfarm Publishing has purchased Informa Publishing. After reviewing titles from both companies, a decision must be made to determine what titles must be dropped. The following information is available to make the decision. a) What is the total income if all titles were produced? b) If Title X was dropped, what would be the effect on total income? Enter a loss as a negative value c) How much did Title X contribute to fixed costs? d) Determine the cost and the amount that will remain even if Title X is dropped. Direct fixed cost of $14,000 Variable cost of $71,000 Allocated common fixed cost of $8,000 e) Which costs and amounts will be eliminated if Title X is dropped? S Variable cost of $71,000 and allocated common fixed cost of $8,000 Contribution margin of $26,000 and direct fixed cost of $14,000 Contribution margin of $26,000 and allocated common fixed cost of $8,000 Direct fixed cost of $14,000 and allocated common fixed cost of $8,000