Question 1 --/1 View Policies Current Attempt in Progress Royal Corporation is closing one of its divisions. The division has sales of $133, 100, direct manufacturing costs of $110,200, and manufacturing overheads of $42,700 (78% fixed). The fixed manufacturing overhead costs will remain even if the division is closed. How will closing the division affect overall company profits? (Enter loss amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Net income / (loss) $ $ The division realise the contribution margin of $ if it is eliminated