Question: Please solve it quickly within 15 minutes and get two upvotes immediately. Thank you Striebeak Compny has two product lines-Training suits and football shoes. Income

Please solve it quickly within 15 minutes and get two upvotes immediately. Thank you Please solve it quickly within 15 minutes and get two upvotes immediately.

Striebeak Compny has two product lines-Training suits and football shoes. Income statement data for the most recent year follow: Total Training suits football shoes Sales revenue $850,000 $500,000 $350,000 Variable expenses (530,000) (250,000) (280,000) Contribution margin $320,000 $250,000 $70,000 Fixed expenses (180,000) (90,000) (90,000) Operating income (loss) $140,000 $160,000 $(20,000) Assuming the football shoes line is dropped, total fixed costs remain unchanged, and the space formerly used to produce the line is rented for $80,000 per year, how will operating income be affected? Select one: O Operating income will increase $800,000. O Operating income will decrease $80,000. o Operating income will increase $30,000. o Operating income will increase $10,000. Operating income will decrease $30,000. O Operating income will increase $300,000

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