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Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $211,800 and the following divisional

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Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $211,800 and the following divisional results. Division 11 III IV Sales $253,000 $198.000 $505,000 $445,000 203,000 195,000 295,000 253,000 Cost of goods sold Selling and administrative expenses Income (loss) from operations 75.200 57.000 61,000 50.000 $ 125,200) $(54.000) $149.000 $142.000 Analysis reveals the following percentages of variable costs in each division ! II III IV 74 % 91 % 80 % 74 % Cost of goods sold Selling and administrative expenses 58 50 57 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 (land It). Consensus is that one or both of the divisions should be discontinued 11 Prepare a columnar condensed income statement for Brislin Company, assuming Division Ilis eliminated Division II's unavoidable fond costs are allocated equally to the continuing divisions. (Enter negative amounts using either a negative sin preceding the number es. 45 or parentheseses (451) BRISLIN COMPANY CVP Income Statement For the Quarter Ended March 31, 2020 Divisions Sales 253000 505000 445000 Variable costs Cost of goods sold 203000 295000 253000 Selling and administrative 75200 61000 30000 Total variable costs Contribution margin Fwd costs Dl01 000 DODONTODO Cost of goods sold | Selling and administrative Total fixed costs Income (los) from operations

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