CALCULATOR ALL SCREEN PRINTER VERSION BACK NEX 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 $26,100. Sales Cost of goods sold Gross profit Operating expenses Net income The Other Percy Five Divisions Division $1,663,000 $100,900 977,300 76,800 685,700 24,100 528,400 50,200 $157,300 $ (26,100) Total $1,703,900 1,054,100 709,800 578,600 $131,200 In the Percy Division, cost of goods sold is $59,500 variable and $17,300 fixed, and operating expenses are $31,000 variable and $19,200 fixed. None of the Percy Division's feed costs will be eliminated if the division is discontinued. ative son preceding the Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a n number 45 or parentheses g. (45).) Net Income Increase (Decrease) Continue Eliminate Sales Variable costs Cost of goods sold noratinn synonce 3:31 PM 2 9 Assignment > Open Assignment ASSIGNMENT RESOURCES Cory of Chapter 20 Homework CALCULATOR FULL SCREEN Continue Net Income Increase (Decrease) Eliminate Sales Exercise 20-05 Exercise 2010 Exercise 20-14 Exercise 20-15 Variable costs Cost of goods sold Review Score Review Results by Study Objective Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Veronica is Type here to search