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Last Part Please Problem 20-5A (Part Level Submission) Brislin Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income
Last Part Please
Problem 20-5A (Part Level Submission) Brislin Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Division IV Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $247,000 $198,000 $499,000 $448,000 203,000 193,000 295,000 250,000 48,000 $150,000 69,700 $(25,700) 56,000 $(51,000) 65,000 $139,000 Analysis reveals the following percentages of variable costs in each division. ??? IV Cost of goods sold 71 % 88 % 81% 76 % Selling and administrative expenses 38 59 50 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 (I and II). Consensus is that one or both of the divisions should be discontinued Your answer is correct. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division IDiv Division II Contribution margirn LINK TO TEXT ? (b1) Your answer is correctStep by Step Solution
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