Question: I'm really stuck on this question and I've asked it a couple times. For the following Chart can I get a picture of it filled

I'm really stuck on this question and I've asked it a couple times. For the following Chart can I get a picture of it filled out it would really help me out, all the answers ive gotten have been confusing and not put in the provided chart and I think visual aid would really help me.

I'm really stuck on this question and I've asked it a couple

Nicole Filippes, a recent graduate of Rollings University's accounting program, evaluated the operating performance of Poway Company's six divisions. Nicole made the following presentation to Poway's board of directors and suggested the Erie division be eliminated. "If the Erie division is eliminated," she said, "our total profits would increase by $24,300." The Other Five Divisions Erie Division Total Sales $1,663.500 $100,100 $1,763,600 Cost of goods sold 977.400 76,300 1,053.700 Gross profit 686,100 23,800 709.900 Operating expenses 529.000 48,100 577.100 Net income $157,100 $(24.300 $132,800 In the Erie division, the cost of goods sold is $60,900 variable and $15,400 fixed, and operating expenses are $14,500 variable and $33,600 fixed. None of the Erie division's fixed costs will be eliminated if the division is discontinued. Is Nicole right about eliminating the Erie Division? Prepare a schedule to support your answer. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. -15,000 or parenthesis, e-g. (15,000).) Net Income Increase Continue Eliminate (Decrease) Sales Net Income (loss) Variable costs Contribution margin Fixed costs

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!