Exercise $14-33$ Drop Product Line $($LO $14-4,14-5)$

Day Street Deli's owner is disturbed by the poor profit performance of his ice cream counter. He has prepared the following profit analysis for the year just ended.

Sales

Less: Cost of food

Gross profit

Less: Operating expenses:

Wages of counter personnel

Paper products $($e$.$g$.,$ napkins$)$

Utilities $($allocated$)$

Depreciation $of$ counter equipment and furnishings $3,400$

Depreciation $of$ building $(allocated)5,800$

$\backslash$table$[[$Deli manager's salary $($allocated$),3,900$