Please answer requirement number 1 and 2 and then the fill in the blank thank...

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Accounting

Please answer requirement number 1 and 2 and then the fill in the blank thank you image
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is the fill the blank correct? equal and same ?
oard of directors of Security One have received the Company accountants estimate that dis 1 Data Table Security One Product Line Contribution Margin Income Statement For the Year Product lines Industrial Household Company Systems Systems Total Sales revenue S 320,000 $ 390,000 S 710,000 Less cost of goods soid: 48,00036.000 67,000327.000 S 22,000 S 275,000 $ 297,000 Variable 38,000 260,000 Fored Gross profit Less marketing and administrative expenses: 62,000 38,000 63,000130.000 27,000 65.000 Variable Foxed S (78,000)S 180,000 S 102,000 Operating income (loss) Print Done d administrative expense ylist or enter any number in the input fields and then continue to the next question. Requirements yot 1. Prepare an incremental analysis to show whether Security One should stat discontinue the industrial systems product line 2. Prepare contribution margin income statements to show Security One's total operating income under the two alternatives: (a) with the industrial systems ine and (b) without the line. Compare the difference income numbers to your answer to Requirement 1. What have you learned from this comparison? between the two alternatives Print Done Members of the board of directors of Security One have received the following operating income data for the year just ended El (Click the icon to viesw the operating income data.) Members of the board are surprised that the industrial systems product line is losing money. They commission a study to determine w should discontinue the line. Requirement 1. Prepare an incremental analysis to show whether Security One should discontinue the industrial systems product li Incremental Analysis for Discontinuation Decision Total Contribution margin lost if Industrial Systems is discontinued Less Fixed cost savings if Industrial Systems is discontinued Operating incomeif Industrial Systems is discontinued Requirement 2. Prepare contribution margin income statements to show Seourity One's total operating income under the two alte What have you learned from this comparison? egin by preparing the statements with and without the industrial systems line, then prepare the contribution margin income state Security One Total Analysis of Discontinuing a Product Line Members of the board of directors of Security One have received the following operating income data for the year just e E (click the icon to view the operating income data.) Members of the board are surprised that the industrial systems product line is losing money. They commission a study t should discontinue the line Operating income f Industrial Systems is discontinued Requirement 2. Prepare contribution margin income statements to show Security One's total operating income under t What have you learned from this comparison? Begin by preparing the statements with and without the industrial systems line, then prepare the contribution margin inoc Security One Total Analysis of Discontinuing a Product Line Totals With Totals Without Industrial Systems Industrial Systems Difference Sales revenue Variable expenses Cost of goods sold Marketing and administrative expense Total variable expenses Fixed expenses Cost of goods soid Marketing and administrative expense Total fixed expenses Operating income (Goss What have you learned from this comparison? Choose from any list or enter any number in the input fields and then continue to the next question The operating income difference calculated on the total analysis of discontinuing a product line equa s the expected decrease in operating income if security one just continues to industrial system product line as showin requirement 1. This demonstrates that the incremental analysis approach and requirement 1 yields same results as te longer approach and requirement 2 that compares the total operating income under the two alternatives

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