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ONLY USE THE FUCKING SELECTIONS FOR THE cell titles, I have used 2 of my questions on this probelm, I just want a answer, and
ONLY USE THE FUCKING SELECTIONS FOR THE cell titles, I have used 2 of my questions on this probelm, I just want a answer, and I am sick of this. Also the section is incomplete, FINISH IT or no good rating.
Complete this question by entering your answers in the tabs below. What will be the impact on net income if the Magazine Division is eliminated? Complete this question by entering your answers in the tabs below. What will be the impact on net income if the Magazine Division is eliminated? Required 1 / Required 2 Present the financial information in the form of a segmented income statement (using the contribution margin approach). \begin{tabular}{|c|c|c|c|c|} \hline & & Book Division & \begin{tabular}{c} Magazine \\ Division \end{tabular} & Total \\ \hline Sales revenue & & 8,200,000 & s 3,469.200 & $11,669,200 \\ \hline \multicolumn{5}{|l|}{ Variable costs } \\ \hline Manufacturing costs & x & 2,400,000 & 1,196,400 & 3,596,400 \\ \hline Operating expenses & 2 & 175,000 & 256,700 & 431,700 \\ \hline Contribution margin & 8 & 5,625,000 & 2,016,100 & 7,641,100 \\ \hline \multicolumn{5}{|l|}{ Direct fixed costs } \\ \hline \multicolumn{5}{|l|}{ Manufacturing costs } \\ \hline Segment margin & & 3,627,900 & 1,028,660 & 4,656,560 \\ \hline \multicolumn{5}{|l|}{ Common fixed costs } \\ \hline Manufacturing costs & 2 & & & 1,936,400 \\ \hline Operating expenses & 2 & & & 1,666,960 \\ \hline Net income (loss) & & & & $1,053,200( \\ \hline \end{tabular} Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for the last five years and Anderson is considering eliminating that division. Anderson's information about the two divisions is as follows: Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributable to each division. The remaining are common or shared between the two divisions. Required: 1. Present the financial information in the form of a segmented income statement (using the contribution margin approach). 2. What will be the impact on net income if the Magazine Division is eliminated? Complete this question by entering your answers in the tabs below. Manufacturing expenses Non operating expenses Operating expenses Sales revenue Service revenue Complete this question by entering your answers in the tabs below. Present the financial information in the form of a segmented income statement (using the contrit
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