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Pharoah Company has four operating division. During the starter of 2022, the company reported create income from operations of $207,000 and the following divisional result Division 1 11 TIR IV Sales 5247.000 $501.000 5448,000 5190,000 189.000 200.000 298.000 254.000 Cost of goods sold Selling and administrative expenses 75.000 63.000 3.000 45.000 Income foss) from operations 5128.0001 $1540002 5140,000 3149000 Analysis reveals the following percentages of valable costs in each division 1 HD 111 IV Cost of goods 67 B8 81 78 Selling and administrative expenses 38 57 50 57 Discontinuance of any division would save 50% of the taxed costs and expenses for that division Top management is very concerned about the unprofitable divisions and il consensus that one or both of the divisions should be 77'5 4/14/22 Sumo 9.78/15 E Yours partially corred Prepare an incrementalysis concerning the possible discontinue of Division (Enterregive mounts using there negative prodiny the numbers or presses (451) Continue Eliminate Net Income Increase (Decrease Contribution margin 5 0 $ Fixed costs Cost of boods sold Selling and administrative Totalfixed ex Income fosstrom operations 5 Textbook and Media 77% 22 4/14/12 here to reach O Question 5 of 5 9.78/15 CVP Income Statement For the Quarter Ended March 31, 2022 Divisions TV 247000 501000 Variable costs Cost of soods sold 134000 Selling and administrative 200 Total variables 162500 Contribution 54500 101 DODO in venn Fixed costs Cost of goods sold Send administrative Totalfixed costs TIE - ACC-240 TOPK02 ASSIGNMENT Question 5 ors 9.78/15 E III IV Total 247000 $ 501000 OCHT 1196000 1.34000 2004 TODO DIDO 13500 1 4300 72F A G ce O 4/14/2012 Cost of goods sold 1:4000 Selling and administrative 28500 Total varble costs 162500 Contribution martin 400 Fixed costs DODO TIME ILUL DUDE Cost of goods sold Selling and administrative Totalfixed costs Income oss from operations $ eTextbook and Media Attempts: of 5 used Sub O d Ps 77 12 PM 142022