PART 1-3 Please

Income statement data Suppose Crispy Pop is considering discontinuing its coco crispies, product line, Assume that during the past year, the coco crisples' product line income statement showed the following: If the company decides to discontinue the product line, what will happen to the company's operating incomp? Should Crispy Pop ditucontinue the coco crispies product line? Additional information Fixed manufacturing overhead costs account for 40% of the cost of goods, while only 30% of the operating expenses are fixed. Since the coco crispies line is just one of the company's cereal operations, only $720,000 of direct fixed costs (the majority of which is advertising) will be eliminated if the product line is discontinued. The remainder of the fixed costs will still be incurred by the company