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please complete the chart thank you! Exercise 26-7 Veronica Mars, a recent graduate of Dell account program, evaluated the operating performance of Dunn Company's divisions,
please complete the chart thank you! Exercise 26-7 Veronica Mars, a recent graduate of Dell account program, evaluated the operating performance of Dunn Company's divisions, Veronica made the following presentation to Dunn's board of directors and gested the Percy Division be a ted the Percy Division l inated," she said, "our total profits would increase by $2,100 The Other Percy Five Divisions Division Total $1,65,000 $100,900 $1,763,900 Cost of goods sold 977,00 76,800 1,054,100 Grow profit 685,700 ,100 709,800 Operating experies 528,400 50,200 578,000 Net Income $157,300 (26,100) $131,200 In the Percy Division, cost of goods sold is $59.500 variable and $17,300 fixed, and operating expenses are $1,000 variable and $19,200 fixed. None of the Percy Division's fixed costs will be eliminated if the devron is discontinued Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negat e.g. (45).) Net Income Increase (Decrease) Continue Eliminate Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Veronica is Exercise 267 Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made th Veronica made the following presentation to Dunn'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 $26, 100." The Other Percy Five Divisions Division Total $1,663,000 $100,000 $1,763,900 Cost of goods sold 977,300 76,800 1,054,100 Cross profit 65,00 24,100 709,00 Operating expenses 528,400 50,200 578,600 Net income 15306 326,100 200 In the Percy Division, cost of goods sold is $59.500 variable and 512,300 feed, and operating expenses are $31,000 variable and $19,200 fixed. None of the Percy Division's foed costs will be eliminated if the division is discontinued
please complete the chart thank you!
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