Question: Nutall Corporation is considering dropping product X. Data from the company's accounting system appear below for product X: Sales 70000 Variable expenses (50000) Fixed expenses

Nutall Corporation is considering dropping product X. Data from the company's accounting system appear below for product X: Sales 70000 Variable expenses (50000) Fixed expenses 30000 %70 of the fixed e expenses are avoidable if product X is dropped. What would be the effect on the company's overall net operating income if product X is dropped? Select one: a. Overall net operating income would decrease by $1000 b. Overall net operating income would increase by $20000 c. Overall net operating income would decrease by $20000
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