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-710 in Wildhorse Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $200,200 and the

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-710 in Wildhorse Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $200,200 and the following divisional results. Division 1 II III IV Sales $253.000 $198,000 $495.000 $447.000 Cost of goods sold 198,000 189,000 303,000 254,000 Selling and administrative expenses 74800 66.000 56.000 52.000 Income loss from operations $19.800) $157.000 $136.000 5341.000 Analysis reveals the following percentages of variable costs in each division 1 11 TV Cost of goods sold 68 90 79 75 Selling and administrative 40 + HW 8 (325) Question 5 of 5 -/10 E 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.g. (45).) Division Division 11 Contribution margin $ 90684

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