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Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow:
Total
Luxury
Sporty
Sales revenue
$490,000
$360,000
$130,000
Variable expenses
355,000
235,000
120,000
Contribution margin
135,000
125,000
10,000
Fixed expenses
76,000
38,000
Operating income (loss)
$59,000
$87,000
$(28,000)
If $20,000 of fixed costs will be eliminated by discontinuing the Sporty line, how will operating income be affected?
A. Increase $69,000
B. Increase $10,000
C. Increase $128,000
D. Decrease $30,000
in the following independent situations indicate the effect on taxable income and e amp p stating the amount of any
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