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Question: 19 shoes r us manufactures kids smeakers and kids shoes...

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19) Shoes R Us manufactures kids smeakers and kids shoes. The companys product line income statement foll Total Kids Kids Sneakers Shoes S550.000 S270.000 Sales revenue Cost of goods sold 50.000 220,000 510,000 116,000 184,000 Variable 104,000 106.000 Fixed Total cost of goods sold Gross margin Marketing and administrative expenses 340,000 60,000 Variable 40,000 58,000 79,000 82,000 26,000 108,000 $25000 4300 $45,000) Fixed Total marketing and administrative expenses 137.000 Operating income (loss) Management is considering dropping the kids shoes product line. Accountants for the company estimate that dropping $20,000 Prepare an analysis supporting your opinion about whether or not the kids shoes product line should be dropped. (8 marks) line will decrease fixed costs of goods sold by $60,000 and fixed marketing and administrative espenses by
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