Scenario: RYT (aka RotYourTeeth) Candy Company sells lollipops.Last year the com

Scenario: RYT (aka RotYourTeeth) Candy Company sells lollipops.Last year the company sold 10000000 lollipops for $1000000.The Variable Costs were $350000 and the Net Profits were $100000Administration has directed management to double profits in the next year.ASSIGNMENT: DETERMINE whether RYT should discontinue a product line to increase profitability.RYT has been evaluating its various product lines and is specifically analyzing one location that produces three flavors: Cherry Lemon and Blueberry. Further analysis indicates that 20% of COGS is variable and 30% of Selling and Admin expenses are variable.Given the following data for the month of September RYT is considering discontinuing the Blueberry flavor. What would you advise? Support your position.CherryLemonBlueberrySales$18000$26000$9000COGS7000120004000Gross Profit11000140005000Selling and Admin Exp700080006000Net Income40006000(1000)