please answer all parts and number one. please ensure what i have completed is correct.

1 E7.15 Use incremental analysis concerning elimination of division 2 Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance 3 of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors 4 and suggested the Percy Division be eliminated. "If the Percy Division is eliminated," she said, "our 5 total profits would increase by $26,000." Sales Cost of goods sold Gross Profit Operating expenses Net income The Other Five Divisions $1,664,200 978,520 685,680 527,940 $157,740 Percy Division $100,000 76,000 24,000 50,000 ($26,000) Total $1,764,200 1,054,520 709,680 577,940 $131,740 15. In the Percy Division, cost of goods sold is $61,000 variable and $15,000 fixed, and operating expenses 16 are $30,000 variable and $20,000 fixed. None of the Percy Division's fixed costs will be eliminated if the 17 division is discontinued. 19 Instructions 20 s Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. 21 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. Net Income Continue Eliminate Increase (Decrease) Sales $100,000 $100,000 Variable costs LES FA7610 17115 Assignment Choz (1) - Excel O Search OH H ome Insert Page Layout Formulas Data Review View HelpDYMO Label QuickBooks Shape LCDE EFG 30,000 variable and $20,000 fixed. None of the Percy Division's fixed costs will be eliminated if the en is discontinued auctions eronica right about eliminating the Percy Division? Prepare a schedule to support your answer. TE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. Net income Continue Eliminate Increase (Decrease) Sales L $100,000 $100,000 Variable costs Cost of goods sold 61,000 0 61,000 Operating expenses 30,000 0 30,000 Total variable 91,000 0 91,000 Contribution margin 9.000 O 9,000 Fixed costs Cost of goods sold 15,000 15,0000 Operating expenses 20,000 120,0000 Total fixed 35,000 Net Income (loss) L -$26.000 -$35,000 $9,000 67- 517- 8 E7-10 07:11 E7-15 eady Assignment_Cho7 (1) - Excel Save of Home Search DYMO Label QuickBooks Insert Page Layout Formulas Data Review View Help 30,000 91,000 9,000 ololo 30,000 91,000 9,000 Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) 15,000 20,000 35,000 -$26,000 15,000 20,000 00 -$35,000 $9.000 Response: WN - 47 48 1. Assume that variable cost of goods sold for the Percy Division changed to $68,000 and fored operating expenses changed to $27,500. There was no change to variable operating costs. How would these changes Impact your answer? E7.5 E7-8 7-10 57:11 E7-15 Ready