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Instructions Aggregate income from operations of $213000 and the following divisional...

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Instructions






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





Submission Guidelines:

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Submit your completed workbook to the
Midweek Assignment Submissions Area by
the due date assigned.
































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



" >






















































































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 After Jun 20, 2023

Solution

Mayuri answered on Jun 21 2023
32 Votes
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