CALCULATOR FULL SCREEN PRINTER VERSION BACK NERT ES Problem 7-SA a, b1-b3, c (Video) Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $194,000 and the following divisional results. Division 1 II TIT IV Sales $251,000 $195,000 $502,000 $446,000 Cost of goods sold 205,000 189,000 302,000 251,000 Selling and administrative expenses 76,000 63,000 60,000 54,000 Income (loss) from operations $ (30,000) $ (57,000) $140,000 $141,000 Analysis reveals the following percentages of variable costs in each division 3 Cost of goods sold Seling and administrative expenses T TT TII TV 68% 90% 79% 73% 39 57 49 dy Discontinuance of any division would save 50% of the foxed costs and expenses for that division Top management is very concerned about the unprofitable divisions (I and II), Consensus is that one or both of the divisions should be discontinued. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.. (45).) Division 11 Division I Contribution margin Prepare an incremental analysis concerning the possible discontinuance of Division 1. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations LINK TO TEXT VIDEO SIMILAR PROBLEM Prepare an incremental analysis concerning the possible discontinuance of Division 11. (Enter negative amounts using either a negative sin preceding the number -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations LINK TO TEXT VIDEO SIMILAR