please if you can solve ONLY part ( B, C, and D ), and if you can't then solve ONLY part B

thank you.

A- The XYZ Corporation has two divisions A and B. The divisions have the following revenues and expenses Sales S500,000 s 550,000 Variable costs 200,000 275,000 Traceable fixed costs 150,000 180,000 Allocated common corporate costs 135,000 170,000 Net income foss) $ 15,000 75,000) The management of ABC is considering the elimination of Division B. If the Division B were eliminated, its traccable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision Required: 1- Should the Company drop division B? Explain. Support you answer with the necessary calculations 2. Would your decision be changed if you know that all traceable fixed costs to division B could be avoided and 40% of total common corporate costs assigned to division B would be unaffected by this decision (10 Marks) B-XYZ Company manufactures and sell wooden product. It wants to prepare cash budget for the second quarter of the year. The company's sales budget for the second quarter given below: April May June Total Budgeted Credit sales $470,000 $670,000 $230,000 $1,370,000 Credit sales are collected as follows: 25% in the same month of sale 65% in the month following sale 10% in the second month following sale B124/ The Final (711) Page 5 of 6 Summer 2020/2021 - February sales totaled $400,000, and March sales totaled $430,000. Reywired: 1 Prepare the cash collection schedule for the second quarter. 2. What is the accounts receivable balance on June 302 (10 marks) s The following information has been taken from AAA company that manufacturing Gas ovens for the year 2019 Sales revenues 36,000 opening inventory of materials 10,000 cloning inventory of materials 8,000 - opening inventory of finished goods 6,000 - closing inventory of finished goods 4,000 cost of goods produced 26,000 Reywired: 1- Calculate cost of goods sold and gross profit for the year ended December 31, 2019. 2. In your opinion, and based on the given information, what would be changed if AAA was a merchandising company? Why? (5 Marks) D. The two main sets of accounting standards followed by businesses are GAAP and IFRS Briefly explain how the balance sheet is formatted under each set. (You can search the internet and/or university e-library to answer this question)