Remaining Time: 2 hours, 56 minutes, 34 seconds v Question Completion Status: Words:0 QUESTION 13 Tennessee, Inc., has three divisions: Nash, Memp, and Knox. The results of July 31, 2018 are presented below Units sold Revenue Less variable costs Less direct foxed costs Less allocated foxed costs Net income 3,000 $71,000 32,000 14,000 6.000 $19.000 5,000 2,000 10,000 $50,000 26,000 19,000 $40,000 16,000 12,000 $161,000 74,000 45,000 $17.000) S 8.000 $ 20,000 alio ated costs wil oet feel e at it should be discs on eddine resse Tennessee allocates indirect fixed costs based on the number of units to be sold. Since the Memp alca es directs close s that sales at the Nash division wil ncrease by 12%, and that sales at the Knox division will stay the same. Instructions Present the analysis in a table. (a) Prepare an enalysis showing the effect of discontinuing the Memp division. b) Should Tennessee close the Memp division? Briefly indicate why or why not TTT Arial 3 (12p)TE E Chick Save and Submit to sove and submit. Click Save All Ansuers to save all anspers. Sa