contribution margin and opertaing profit should be equal

Marke Appendix Four (Drop or Retain a Product Line) Objective: Determine whether to Drop or Retain a segment, early evening dinners. As part of this process, a Contribution Margin Income Statement needs to be prepared. Scenario Uaing the Income Statement in Appendix One, prepare the Contribution Margin Income Statement, given the following information related to the company's expenses: - Cost of Goods Sold is 2/3 variable and 1/3 fixed - Operating Expenses are 50% variable and 50% fixed - Administrative Expenses are $7,000 variable and $15,000 fixed - Rent Expense is all fived HINT: Please note that the operating profit that you calculate in your Contribution Margin Income Statement will be the same as the Profit Before Income Tax in the Income Statement provided in Appendix One (in other words, in the student template, the two fields that are shaded in yellow should be the same amounti). The financials by segment are then provided in the student template. It is believed that if the segment of early evening dinners is dropped, that half of the fixed expenses of that segment would remain. As well, it is believed that if the segment of early evening dinners is dropped, sales of lunches would increase by 10%. Complete the template accordingly and determine whether this segment should be dropped