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Help me solve this step by step Brislin Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from

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Brislin Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $213,000 and the following divisional results. Division I II III IV Sales $250,000) $200,000 $500,000 $450,000 Cost of goods sold 200,000) 192,000) 300,000 250,000 Selling and $75,000) 60,000) 60,000 50,000 administrative expenses Income (loss) from $ (25,000) $ (52,000) $140,000 $150,000 operations Analysis reveals the following percentages of variable costs in each division II III IV Cost of goods 70% 90% 80% 75% sold Selling and 40 60 50 60 administrativ e expenses 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 (I and II). Consensus is that one or both of the divisions should be discontinued. Instructions (a) Compute the contribution margin for Divisions I and II. (b) Prepare an incremental analysis concerning the possible discontinuance of (1) Division I and (2) Division II. What course of action do you recommend for each division? (c) Prepare a columnar condensed income statement for Brislin Company, assuming Division II is eliminated. (Use the CVP format.) Division II's unavoidable fixed costs are allocated equally to the continuing divisions. (d) Reconcile the total income from operations ($213,000) with the total income from operations without Division

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