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Can you please help fill in the blanks for fixed costs Sandhill Manufacturing Company has four operating divisions. During the first quarter of 2022, the
Can you please help fill in the blanks for "fixed costs"
Sandhill Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $150,900 and the following divisional results: SANDHILLMANUFACTURING COMPANY CVP Income Statement For the Quarter Ended March 31, 2022 \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & & \multicolumn{2}{|c|}{ Div 1} & \multicolumn{2}{|c|}{ Div II } & \multicolumn{3}{|c|}{ Div III } \\ \hline Sales & v & $ & 506200 & $ & 399700 & $ & 3107 & \\ \hline Variable costs & & & 225930i & & 266088 & & 241898 & i \\ \hline Contribution margin & & & 280270 & & 133612 & & 688 & \\ \hline Fixed costs & & & 133870 & & 55312 & & 927 & \\ \hline Net income / (loss) & & $ & 146400 & $ & 78300 & $ & 329 & \\ \hline \end{tabular} The analysis reveals the following percentages of variable costs in each division: 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 (III and IV). The consensus is that the company should discontinue one or both of these divisions. Sandhill Manufacturing Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $150,900 and the following divisional results: SANDHILLMANUFACTURING COMPANY CVP Income Statement For the Quarter Ended March 31, 2022 \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & & \multicolumn{2}{|c|}{ Div 1} & \multicolumn{2}{|c|}{ Div II } & \multicolumn{3}{|c|}{ Div III } \\ \hline Sales & v & $ & 506200 & $ & 399700 & $ & 3107 & \\ \hline Variable costs & & & 225930i & & 266088 & & 241898 & i \\ \hline Contribution margin & & & 280270 & & 133612 & & 688 & \\ \hline Fixed costs & & & 133870 & & 55312 & & 927 & \\ \hline Net income / (loss) & & $ & 146400 & $ & 78300 & $ & 329 & \\ \hline \end{tabular} The analysis reveals the following percentages of variable costs in each division: 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 (III and IV). The consensus is that the company should discontinue one or both of these divisions Step by Step Solution
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