Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. brislin company has four operating divisions. duri

Brislin Company has four operating divisions. During the...

60.1K

Verified Solution

Question

Accounting

image
image
Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $208,400 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $245.000 203.000 74,600 $(32.600) Division 11 III $198.000 $501,000 189.000 297,000 60,000 62.000 $ 151.000) $142.000 IV $450,000 254,000 46,000 $150,000 Analysis reveals the following percentages of variable costs in each division, ! 66 x Cost of goods sold Selling and administrative expenses 11 88 58 78% 48 IV 73 57 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 (land 10. Consensus is that one or both of the divisions should be discontinued Continue Net Income Increase (Decrease) Eliminate Contribution margin $ 32600 $ $ Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations $ $ eTextbook and Media Save for later Attempts: 2 of 15 used Submit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Use duality to answer the following application. The Enormous State University's Business School is buying computers. The...

Biology
1.2K views

Which sentence describes a substitution mutation A One or more nucleotides are removed from a...

Biology
1.2K views

You are given the task of designing an aerobic, mixotrophic protist that can perform photosynthesis...

Geometry
1.2K views

For the following matrix in reduced row echelon form give the set of solutions to...

Basic Math
1.2K views

The thermal plot of a gaming system during play time is defined by 10ln(15t) -...

Algebra
1.2K views

What is a formula for the nth term of the given sequence 13 21 29...

Accounting
1.2K views

3. Goodwin Bikes began operations in April 2022 and had the following transactions. ...

Accounting
1.2K views

If equity is $300,000 and liabilities are $192,000, then assets equal:...

Accounting
1.2K views

Chose the role of one of the managers below and describe how managerial accounting could...

Accounting
1.2K views

Kelly Industries needs to raise capital for expansion purposes. Management is considering issuing $1,000,000 of...

Accounting
1.2K views

Feather Friends, Incorporated, distributes a high-quality wooden birdhouse that sells for $80 per unit. Variable...

Accounting
1.2K views

What is the company's policy toward units in ending inventory? Ending inventory policy is ____%...