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Sheridan Manufacturing Company hus four operating divisions. During the first quarter of 2022 , the compary reported atgregate The anslysis reveals the following percentaies of
Sheridan Manufacturing Company hus four operating divisions. During the first quarter of 2022 , the compary reported atgregate The anslysis reveals the following percentaies of variable costs in exch division: Dixcontinuance of axy division would save SOSk of the foxed costs and expenses for that division. one or both of these divisions. Calculate the contribution mar gin for divisions ill and iV, (Enter negotive amounts uains either a negative van precedirs the number es. -45 or parentheses (45) ) Questien Part Score Aluofwatic) What course af action do you recommend for each division? Prepare a conderoed income statement in columns for Ster idan Manufacturing assuming division IV is eliminated Use the CVP format Division IV's unavoidable frod costs are allocated equally to the continuing divisions. If enter loss using either a nepative sign both options when solving this problem. Iteconcile the total inconse from operations of 5154,900 with the total income from operations without division iV
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