Current Attempt in Progress 9.17/10 Sandhill Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $216,600 and the following divisional results. Division 11 III IV Sales $253,000 $195.000 $501.000 $447,000 197.000 195,000 296,000 250.000 Cost of goods sold Selling and administrative expenses Income (loss) from operations 69.400 63.000 61,000 48.000 $(13.400) $(63,000) $144,000 $149,000 Analysis reveals the following percentages of variable costs in each division 1 Il IV 7226 89 7916 76 % Cost of goods sold Selling and administrative expenses 40 57 52 59 Discontinuance of any division would save 50% of the hxed costs and expenses for that division, 9.17/10 preceding the numbers. -45 or parentheseses (451) SANDHILL COMPANY CVP Income Statement For the Quarter Ended March 31, 2022 Divisions 1 III IV Sales 253000.00 50100000 $ 4470X1000 Variable costs Cost of goods sold 14184000 20140.00 19000000 Selling and administrative 27760.00 31720.00 28370.00 MODO 2655 2100 Total variable costs 500.00 35440.00 2GO Contribution martin Fixed costs TO 10000 Cost of soods sold I earch Cost of goods sold 141840,00 233840,00 190000.00 Selling and administrative 27760.00 31720.00 28.320.00 Total variable costs 169600.00 265560.00 218320.00 Contribution margin B3400.00 235440.00 228680.00 Fixed costs Cost of goods sold 197000.00 66675.00 6451500 Selling and administrative 45215 32855.00 2325500 Total fixed costs 104890.00 9953000 8777000 Income floss) from operations 5 2149000 $ 13591 $ 14091000