Question 15 of 16 0/2 Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $204,000 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $250,000 198,000 75,000 $ (23,000) Division 11 III $198,000 $499,000 192,000 298,000 63,000 63,000 $ (57,000) $138.000 IV $446,000 254,000 46,000 $146,000 Analysis reveals the following percentages of variable costs in each division II IV Cost of goods sold Selling and administrative expenses 1 69 % 41 90 % 62 80 % 52 74 % 58 Discontinuance of any division would save 50% of the fixed costs and expenses for that division Top management is very concerned about the unprofitable divisions (I and II). Consensus is that one or both of the divisions should be discontinued. (a) Your answer is incorrect. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg.(45)) Division 1 Division 11 Contribution margin e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later Last saved 9 minutes ago Saved work will be auto-submitted on the due date