THIS IS ALL ONE PROBLEM, AS YOU CAN SEE TO THE LEFT ITS THE SAME PROBLEM THIS IS JUST AN INSANELY LONG 3 PART QUESTION PLEASE HELP

Segmerited Incarne Statement, Management Decision Making FunTime Company produces three lines of greeting cards: scented, musical, and regular. Segmented income stabements for the pest vear are as follows: decision, she consults Jim Dom, Funtime's vice president of marketing. Required: 1. Jim believes that by increasing advertising by s1,000 (\$250 lor the scented line and $750 for the musical line), sales of those two lines would increase by 30 . Frepare segmented incomn statements based an lim's assumptons. Note: Enter all amounts as positive numbers except subtotals, ir applicable. 3 more Check Aty work u8ea remaing. Next If you were Katy, how would you react to this intormation? Kathy shauld this proposal. The 30 o sales increase, ewupled with the increased advertising, the loss. Both scented and musieal product-line prafits intrease. However, more must be done. Ir the scented and musical product margins remain negative, the two products may need to be dropped. 2. 1 im warns Kathy that eliminating the sesnted and musical linas would lower the sales of the regular line by 20 s. Prepere an income statement for Fun Time assuming the Scented and Musical greeting card lines are dropaed. Note: Enter all amount5 as posttve numbers except subtotals, if applicable, Given this information, would it be profitable to eliminate the scented and musical lines? While dropping the two lines results in of 1 it is then the altematlve oftered in Requirement 1 , beneficil? Prepare segmented income statements assuming the Nusical line is dropped and advertising is increased. Note: Enter all amounts as positye numbers except subtotals, if appicable. Given this infomation, woukd it be orofitable to eliminate the scented and musical lines? While dropping the two lines resuits in of 4 it is than the alternatlve offered in Requirement 1 . hesctisi? Prepone segmentrot incame statemeats assuming the Muscal line is dropped and advertiaing is inereased. Wote: Enter ail amounts as pesitivn numbors rexerpt subtotals if applicalle. Based on your calculations above, identify the best combination for the firm