Unit 14 Homework C . Secure! https//mybusinesscour /quiz/atempt.php?attempt-1508702kpage- 7scrollpos-800rq8 Apps G Images Menu he Athens Company has two divisions, Alpha and Delta. Delta Division produces a product at a variable cost of $7 per unit, and sells 150,000 units to outside customers at $12 per unit and 40,000 units to Alpha Division at variable cost plus 40 percent. Under the dual transfer price system, Alpha Divsion pays only the variable cost per unit. Delta Division's fixed costs are $275,000 per year.Alpha Division sells its finished product to outside customers at $25 per unit. Alpha has variable costs of $S per unit, in addition to the costs from Delta Division Alpha Division's annual fixed costs are $180.000. There are no beginning or ending inventories (a) Prepare the income statements for the two divisions and the company as a whole Do not enter any answer as negative numbers Athens Company Divisional Income Statement Alpha Delta Company Sales 1,000,0001,800,0002,800,000 Externel 92000 nternal 1,000,000 192,000 2.800000 Total Variable cost ncurred 9520001,330,0001,600.000 80,000 ransferred in 1,500,000 330,000 862,000 275.000 340,000x587,000 Total Contribution margin690,000 180,000 55,000 Fixed costs 927,000 Net income Type here to search