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Example3 Jennings, Inc., a manufacturer of hair-care products, is considering dropping from its line a finishing rinse, which is presently losing money. The following information concerns Jennings' three products: Finishing Rinse Conditioner Total Sham $500,000 $300,000 $400,000 $1,200,000 202.000 220,000 692,000 $98.000 $180,000 $508,000 Sales Variable costs 270,000 Contribution margin Fixed costs Separable Joint S56,000 100.000 $156.000 S59,000 $45,000 $160,000 60,000 80,000 240.000 $119,000 $125000 $400,000 S$21000 55.000 $108.000 Total Profit closs Allocated on the basis of total sales dollars