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answer the following Problem 20-05A a, b1-b3, c (Video) Carla Vista Company has four operating divisions. During the first quarter of 2020, the company reported

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Problem 20-05A a, b1-b3, c (Video) Carla Vista Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $204,400 and the following divisional results. Division 11 ILI IV Sales $253,000 $195,000 $504,000 $446,000 Cost of goods sold 199,000 192,000 300,000 248,000 Selling and administrative expenses 75,600 60,000 64,000 55,000 Income (loss) from operations $(21,600) $ (57,000) $140,000 $143,000 Analysis reveals the following percentages of variable costs in each division 1 11 TIL IV Cost of goods sold 74% 89% 78% 73% Selling and administrative expenses 38 57 60 Discontinuance of any division would save 50% of the fixed costs and expenses for the division Top management is very concerned about the unprofitable divisions (I and II), Consensus is that one or both of the divisions should be discontinued Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sin preceding the number 0.9. -45 or parenthesse.. (05)) Division 11 10080 Division 1 Contribution margin 77012 VIDEO SIMILAR PROBLEM LINK TO TEXT entheses Prepare an incremental analysis concerning the possible discontinuance of Division 1 (Enter negative amounts using either a negative sign preceding the number a...-45 or parentheses 6.9. (45).) Eliminate Continue 77012 Net Income Increase (Decrease) 77012 Contribution margin Fixed costs Cost of goods sold 51740 25870 25870 Selling and administrative 46872 23436 23436 Total flowed expenses 98612 49306 49306 Income (los) from operations 21600 49306 27706 VIDEO SIMILAR PROBLEM Prepare an incremental analysis concerning the possible discontinuance of Division II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses c.9. (45).) Continue Eliminate Net Income Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total foed expenses Income (loss) from operations LINK TO TEXT VIDEO SIMILAR PROBLEM What course of action do you recommend for each division? Division Division 11 LINK TO TEXT VIDEO SIMILAR PROBLEM Prepare a columnar condensed income statement for Carla Vista Company, assuming Division II is eliminated. Division II's unavoidable fixed costs are allocated equally to the continuing divisions. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CARLA VISTA COMPANY CVP Income Statement For the Quarter Ended March 31, 2020 Divisions III IV Total Sales Variable costs Cost of goods sold Selling and administrative Total variable costs Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed costs Income (loss) from operations Click if you would like to show Work for this question: Open Show Work LINK TO TEXT

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