InstructionsAggregate income from operations of$213000and the following divisional...

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Instructions













Instructions





:



(a) Compute the contribution margin for Divisions I and II.


























































































Aggregate income from operations of







$213000







and the following divisional results.










Division











I











II











III











IV








Sales







$250000







$200000







$500000







$450000







Cost of goods sold







200000







192000







300000







250000







Selling and administrative expenses







75000







60000







60000







50000







Income (loss) from operations







($25000)







($52000)







($140000)







($150000)







Analysis reveals the following percentages of variable costs in each division.










I











II











III











IV








Cost of goods sold







75%







90%







80%







75%







Selling and administrative expenses







40%







70%







50%







60%







Discontinuance of any division would save







50%







of the fixed costs and expenses for that division.












































































































































Division I











Division II








Sales







Amount







Amount







Variable costs







Cost of goods sold







Formula







Amount







Selling and administrative







Formula







Amount







Total variable expenses







Formula







Formula







Total variable expenses







Formula







Formula







Contribution margin







Formula







Formula











(b)(1) Prepare an incremental analysis concerning the possible discontinuance of Division I.


















































































































































Division I










Continue











Eliminate











Net Income Increase (Decrease)








Contribution margin (above)







Formula







Formula







Formula







Fixed costs







Cost of goods sold







Formula







Formula







Formula







Selling and administrative







Formula







Formula







Formula







Total fixed expenses







Formula







Formula







Formula







Income (loss) from operations







Formula







Formula







Formula











(b)(2) Prepare an incremental analysis concerning the possible discontinuance of Division II.


















































































































































Division II








Continue











Eliminate











Net Income Increase (Decrease)








Contribution margin (above)







Amount







Amount







Formula







Fixed costs







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula














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Submit your completed workbook to the

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Grading Criteria








Maximum Points








Calculated the contribution margin for Divisions I and II.







20







Evaluated the incremental analysis concerning the possible discontinuance of Division I.







10







Evaluated the incremental analysis concerning the possible discontinuance of Division II.







10







Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources (i.e., APA); and displayed accurate spelling, grammar, and punctuation.







10










Total:











50








" style="display: block; overflow-wrap: break-word; overflow: auto hidden;">


































































































































































































































































Aggregate income from operations of







$213000







and the following divisional results.










Division











I











II











III











IV








Sales







$250000







$200000







$500000







$450000







Cost of goods sold







200000







192000







300000







250000







Selling and administrative expenses







75000







60000







60000







50000







Income (loss) from operations







($25000)







($52000)







($140000)







($150000)







Analysis reveals the following percentages of variable costs in each division.










I











II











III











IV








Cost of goods sold







75%







90%







80%







75%







Selling and administrative expenses







40%







70%







50%







60%







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 (", F10," and ", G10,"). Consensus is that one or both of the divisions should be discontinued.










Instructions





:



(a) Compute the contribution margin for Divisions I and II.











































































































































Division I











Division II








Sales







Amount







Amount







Variable costs







Cost of goods sold







Formula







Amount







Selling and administrative







Formula







Amount







Total variable expenses







Formula







Formula







Total variable expenses







Formula







Formula







Contribution margin







Formula







Formula











(b)(1) Prepare an incremental analysis concerning the possible discontinuance of Division I.


















































































































































Division I








Continue











Eliminate











Net Income Increase (Decrease)








Contribution margin (above)







Formula







Formula







Formula







Fixed costs







Cost of goods sold







Formula







Formula







Formula







Selling and administrative







Formula







Formula







Formula







Total fixed expenses







Formula







Formula







Formula







Income (loss) from operations







Formula







Formula







Formula











(b)(2) Prepare an incremental analysis concerning the possible discontinuance of Division II.


















































































































































Division II








Continue











Eliminate











Net Income Increase (Decrease)








Contribution margin (above)







Amount







Amount







Formula







Fixed costs







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula







Title







Formula







Formula







Formula











Answered 1 days AfterJun 20, 2023

Answer To: InstructionsAggregate income from operations...

Mayuri answered on Jun 21 2023
32 Votes
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