Cullumber, Inc. has three divisions: Bud, Wise, and Er. The results of operations for May, 2022 are presented below. Bud Wise Er Total Units sold 10,500 4.200 21,000 6,300 $ 147,000 $ 105,000 $ 84,000 $336,000 67,200 54,600 33,600 155,400 Revenue Less variable costs Less direct fixed costs Less allocated fixed costs Net income 29.400 39,900 25,200 94.500 12,600 21,000 8,400 42.000 $ 37,800 $(10,500) $ 16,800 $ 44,100 All of the allocated costs will continue even if a division is discontinued. Cullumber allocates indirect fixed costs based on the number of units to be sold. Since the Wise division has a net loss, Cullumber is concerned that it should be discontinued. Cullumber thinks that if the division is closed that sales at the Bud division will increase by 12% while sales at the Er division will stay the same. (a) Prepare an analysis showing the effect of discontinuing the Wise division. (Do not round Intermediate calculations and round final answers to decimal places, eg. 1,525.) Prepare an analysis showing the effect of discontinuing the Wise division. (Do not round intermediate calculations and round final answers to decimal places, eg. 1.525.) Que Acco Bud Er Total Que Accou Revenue $ $ Less variable costs View 9 Accou Less direct fixed costs Less allocated fixed costs Ques Multiple Net income $ $ $ Quest Multiple