Help unny, be System Announcements CALCULATOR PRINTER VERSION Problem 7-5A a, b1-b3, c (Part Level Submission) (Video) Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $211.200 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 197,000 69,800 $ (12,800) Division 111 $197,000 $499,000 192,000 302,000 63,000 65,000 $ (58,000) $132,000 IV $450,000 246,000 55,000 $150,000 Analysis reveals the following percentages of variable costs in each division Cost of goods sold Selling and administrative expenses 67 % 90 % 41 62 111 IV 82274 51 60 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 (1 and 11). Consensus is that one or both of the divisions should be discontinued. (a) Your answer is correct. Compute the contribution margin for Divisions I and II (Enter negative amounts using either a negative sign preceding the number (45)) -15 or parentheses eg. Division 1 Division II Contribution margin 3392 14860 Help Center? Return to Blackboard Weygandt, Managerial Accounting, 8e Help System Announcements repare a columnar condensed income statement for Brislin Company, assuming Division II is eliminated. Division continuing divisions. (Enter negative amounts using either a negative sign preceding the number .g. -4 BRISLIN COMPANY CVP Income Statement For the Quarter Ended March 31, 2020 Divisions Sales Variable costs Cost of goods sold Selling and administrative Total variable costs Contribution margin Fixed costs Cost of goods sold Selling and administrative Tooxed costs Income (loss) from operations Click if you would like to show Work for this question: Wor By accessing this question Assistance, you will learn while you earn points based on the point potential Policy set by your inst