please answer all the parts.

1 E7-15 Use incremental analysis concerning elimination of division, 2 Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance 3 of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors 4 and suggested the Percy Division be eliminated. "If the Percy Division is eliminated," she said, "our 5 total profits would increase by $26,000." Percy Division $100,000 Sales Cost of goods sold Gross Profit Operating expenses Net income The Other Five Divisions $1,664,200 978,520 685,680 527940 $157,740 24,000 50,000 ($26,000 Total $1,764,200 1,054,520 709,680 577,940 $131,740 15 In the Percy Division, cost of goods sold is $61,000 variable and $15,000 fixed, and operating expenses 16 are $30,000 variable and $20,000 fixed. None of the Percy Division's fixed costs will be eliminated if the 17 division is discontinued. 19 Instructions 20 s Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. 21 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. Net Income Continue Eliminate Increase (Decrease) Sales Value Value Variable costs 7.5 E7- 8 E7.10 07-11 E7-15 Value XJ - A are $30,000 variable and $20,000 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Instructions Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a' 9 Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. Net income Continue Eliminate Increase (Decrease) Sales Value Value V alue Variable costs Cost of goods sold Value Value Value Operating expenses Value Value Value Total variable ? ? ? Contribution margin ? ? ? Fixed costs Cost of goods sold Value Value Operating expenses Value Value Value Total fixed Net income (loss) ? ? ? Value 39 Save of ExcelTemplateAssignment_Choz (1) - Excel Search Home Insert Page Layout Formulas Data Review View Help DYMO Label QuickBooks XV fi Value Value Value ? Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Value Value Value Value Value Value Response: 1. Assume that variable cost of goods sold for the Percy Division changed to $68,000 and foed operating expenses changed to $27,500. There was no change to variable operating costs. How would these changes Impact your