Boots Plus has two product? lines: Hiking boots and Fashion boots. Income statement data for the most recent year? follow:TotalHikingFashionSales revenue?$480,000?$340,000?$140,000Variable expenses?355,000?235,000?120,000Contribution margin?125,000?105,000?20,000Fixed expenses?76,000?38,000?38,000Operating income? (loss)?$49,000?$67,000?$(18,000)Assuming the Fashion line is? discontinued, total fixed costs remain? unchanged, and the space formerly used to produce the Fashion line is used to increase the production of Hiking boots by an additional? 250%, how will operating income be? affected?
RECOMMENDED!!ACCT 202-Boots Plus has two product lines
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