Question: Land O'Lakes begin{tabular}{|c|c|c|} hline multicolumn{3}{|c|}{LandOLakesisconsideringdroppingtheirhalf&halfproductline.LandOLakestotalfixedcostswoulddecreaseby$175,000.Giventheinformationpresentedbelow,pleasefilloutthefollowingcellstodetermineifLandOLakesshouldkeepordropthehalf&halfproductline.} hline multicolumn{2}{|r|}{ Decrease to Fixed Costs } & $175,000 hline 1) & Contribution Margin lost & hline

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image text in transcribed Land O'Lakes \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{LandOLakesisconsideringdroppingtheirhalf&halfproductline.LandOLakestotalfixedcostswoulddecreaseby$175,000.Giventheinformationpresentedbelow,pleasefilloutthefollowingcellstodetermineifLandOLakesshouldkeepordropthehalf&halfproductline.} \\ \hline \multicolumn{2}{|r|}{ Decrease to Fixed Costs } & $175,000 \\ \hline 1) & Contribution Margin lost & \\ \hline 2) & Fixed costs saved & \\ \hline 3) & Impact to Net Income & \\ \hline 4) & Should Land O'Lakes KEEP or DROP the Half \& Half product line? & Keep \\ \hline \end{tabular}

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