Problem 7-5A a, b1-b3, c (Part Level Submission) (Video) Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $210,600 and the following divisional results.     Division       I   II   III   IV   Sales   $245,000   $197,000   $504,000   $450,000   Cost of goods sold   200,000   192,000   301,000   249,000   Selling and administrative expenses   72,400   63,000   58,000   50,000   Income (loss) from operations   $ (27,400)   $ (58,000)   $145,000   $151,000   Analysis reveals the following percentages of variable costs in each division.     I     II     III     IV     Cost of goods sold   73 %   91 %   82 %   75 %   Selling and administrative expenses   39     59     50     61     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.       (b2)     Your answer is partially correct.  Try again.     Prepare an incremental analysis concerning the possible discontinuance of Division II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)     Continue   Eliminate   Net Income Increase (Decrease)   Contribution margin   $     $     $     Fixed costs                  Cost of goods sold                  Selling and administrative                     Total fixed expenses               Income (loss) from operations   $     $     $         By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 2 used   SAVE FOR LATER SUBMIT ANSWER   Earn Maximum Points available only if you

The Textile Division of Electrotech Corporation reported the following results for a recent year Sales $9,000,000 Expenses 7,500,000 Total assets (1/1) 6,000,000 Total assets (12/31) 6,200,000 Refer to the Textile Division. What was the profit margin for The Textile Division? Select one: а. 17% b. 24% C. 69% d. 25%

7-20 7-27 22 7-27 7-27 7-28 7-29 7-35 7-37 7-38 7-39 8-1 9-1 P7-5 (LO 6), AN Brislin Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $213,000 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations I $250,000 200,000 75,000 $(25,000) Analysis reveals the following percentages of variable costs in each division. Division Cost of goods sold Selling and administrative expenses II III IV $200,000 $500,000 $450,000 192,000 300,000 250,000 60,000 60,000 50,000 $(52,000) $140,000 $150,000 III 80% II I 70% 90% 60 40 50 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. Instructions a. Compute the contribution margin for Divisions I and II. a.…

Corrections to Service Department Charges for a Service Company Wild Sun Airlines Inc. has two divisions organized as profit centers, the Passenger Division and the Cargo Division. The following divisional income statements were prepared: Wild Sun Airlines Inc. Divisional Income Statements For the Year Ended December 31, 20Y9 Passenger Division Cargo Division Revenues $2,314,000 $2,314,000 Operating expenses 1,873,300 2,082,600 Income from operations before $440,700 $231,400 service department charges Less service department charges: Training $108,800 $108,800 Flight scheduling 80,850 80,850 Reservations 108,000 297,650 108,000 297,650 Income from operations $143,050 $(66,250) The service department charge rate for the service department costs was based on revenues. Because the revenues of the two divisions were the same, the service department charges to each division were also the same. The following additional information is available: Passenger Cargo Total Division Division Number…