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Kimberly Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Crane Compamy's six divisions. Kimberly made the following presentation to Crane's

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Kimberly Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Crane Compamy's six divisions. Kimberly made the following presentation to Crane's board of directors and suggested the Percy Division be eliminated. "if the Percy Division is eliminated, she said, "our total profits would increase by $27,000 : In the Percy Division, cost of goods sold is $60,000 variable and $16,800 fixed, and operating expenses are $30,800 variable and \$19,700 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Kimberly right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter.nesattive amountsasins eithar a negative stan precedling the number eg - 45 or parentheses es. (45)) Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses. Total fixed Kimberly

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