978-1119191674

Exercise 20-15

Veronica Mars, a recent graduate of Bells accounting program, evaluated the operating performance of Dunn Companys six divisions. Veronica made the following presentation to Dunns board of directors and suggested the Percy Division be eliminated. If the Percy Division is eliminated, she said, our total profits would increase by $26,500.

		The Other Five Divisions		Percy Division			Total
Sales		$1,663,000		$100,000			$1,763,000
Cost of goods sold		978,100		76,800			1,054,900
Gross profit		684,900		23,200			708,100
Operating expenses		529,000		49,700			578,700
Net income		$155,900		$ (26,500	)		$129,400

In the Percy Division, cost of goods sold is $60,500 variable and $16,300 fixed, and operating expenses are $29,100 variable and $20,600 fixed. None of the Percy Divisions fixed costs will be eliminated if the division is discontinued. Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

can you please fill out the table. Thank you!!

Exercise 20-15 Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors and suggested the Percy Division be eliminated. "If the Percy Division is eliminated," she said, "our total profits would increase by $26,500." The Other Percy Five Divisions Division Total Sales Cost of goods sold Gross profit Operating expenses Net income $1,663,000 $100,000 $1,763,000 978,100 76,800 1,054,900 23,200 708,100 29000 49,700578,700 $155,900 (26,500) $129,400 684,900 In the Percy Division, cost of goods sold is $60,500 variable and $16,300 fixed, and operating expenses are $29,100 variable and $20,600 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45).) Exercise 20-15 Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors and suggested the Percy Division be eliminated. "If the Percy Division is eliminated," she said, "our total profits would increase by $26,500." The Other Percy Five Divisions Division Total Sales Cost of goods sold Gross profit Operating expenses Net income $1,663,000 $100,000 $1,763,000 978,100 76,800 1,054,900 23,200 708,100 29000 49,700578,700 $155,900 (26,500) $129,400 684,900 In the Percy Division, cost of goods sold is $60,500 variable and $16,300 fixed, and operating expenses are $29,100 variable and $20,600 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45).)