Alternate problem C Following are sales and other operating data for the three products made and sold by Marine Enterprises Product Total Sales $150,000 $90,000 $240,000 $480,000 Manufacturing costs: Flxed $15,000 $25,000 $30,000 $70,000 Varlable 20,000 35,000 134,000 289,000 Selling and adminlstrative expenses: 5,000 2,500 $142,500 $7,500 45,000 13,500 $417,500 $62,500 Flxed 30,000 10,000 6,000 $180,000 $60,000 Varlable 5,000 $95,000 $(5,000) Total costs Net Income (loss) In view of the net loss shown for Product B, company management is considering dropping that product. All variable costs are direct costs and would be eliminated if Product B were dropped; all fixed costs are indirect costs and would not be eliminated. Assume that the space used to produce Product B would be left idle Would you recommend the elimination of Product B? Give supporting computations