Bramble Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $188,400 and the following divisional results Division Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $246,000 205,000 71,600 $ (30,600) $197,000 194,000 64,000 $ (61,000) $503,000 305,000 60,000 $138,000 IV $444,000 250,000 $2,000 $142,000 Analysis reveals the following percentages of variable costs in each division I 74 % 37 Cost of goods sold Selling and administrative expenses 11 88% 61 TV 76% 59 78% 50 Discontinuance of any division would save 50% of the fixed costs and expenses for that 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 ama Division 1 Division II Contribution margin LINK TO TEXT Prepare an incremental analysis concerning the possible discontinuance of Division I. (Round answers to o decimal places, enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations Prepare an incremental analysis concerning the possible discontinuance of Division II. (Round ans enter the amount using either a negative sign preceding the number e.g. -45 or parenthe Continue Eliminate Net Income Increase (Decrease) Contribution margin Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations Divisions 111 Total 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