Question: Hello, can someone please help I do not see what I need to add for the last part of the problem. *Problem 12-5 Novak Company

Hello, can someone please help I do not see what I need to add for the last part of the problem.

Hello, can someone please help I do not see what I need

*Problem 12-5 Novak Company has four operating divisions. During the first quarter of 2017, the company riper nd the following divisional results. Division 111 $253,000 198,000 $198,000 $495,000 Cost of goods sold 190,000 303,000 256,090 Selling and administrative expenses 74,700 65,000 56,00 Incamba (loss) from operations $ (57,060) 3136,000 Analysis reveals the following percentages of variable costs in each division Cost of goods sold 68 % 90 % 79 % Selling and administrative expenses 37 60 61 Discontinuance of any die on would save 50%% of the fixed costs and expenses for that division. Top management is concerned about the unprofitable divisions (1 and II]. Consensus is that one or both of the divisions should be discontinued. 4Your answer is correct. Compute the contribution margin fo I and II. (Enter negative amounts using either a negative sign preceding the number .g. -45 or parentheses e.g. (45).) Division 1 Division II Contribution margin 510,721) 1 2000 Your answer is correct. Prepare an incremental . (45).) Net Income Continue Eliminate Increase (Decrease) Contribution margin 120,721 1 90.721 Fixed costs Cast of goods sold 316807 Selling and administrative Total Fixed experreds 159210 Incorta (less] from operations 354211 1 345 117 w Your andwear is correct. Prepare an incremental analysis concerning the post of Division II. (Round answers to O decimal pi number e.p. -45 or parentheses e.g. (45).) Net Income Continue Eliminate Increase (Decrease) Contribution margin 12000 s1 2004 Fixed costs Cast of goods sold Selling and administrative Total fixed experteds 122500 Incorta (less] from operations 57090 1 22560 51-4500 Your andwar is correct. What course of action do you recommend for each division? Division Division II Your answer is partially cured. Try again. Prepare a columnar condensed income statement for Novak Company, assuming Division II is eliminated. Division II's u p. (45).) NOVAK COMPANY CVP Income Statement Division IV Total Sales Variable corits Cast of goods sold Selling and administra Total variable costs Contribution margin Fixed costs Cast of goods sold Selling and administrative 0000 Total Fixed costs Income (less] from c

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