Question

Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from opera(b1) Prepare an incremental analysis concerning the possible discontinuance of Division I. (Round answers to o decimal places

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Incremental analysis

Continue Eliminate Net income increase (decrease)
Contribution margin 90137 0 -90137
Fixed cost
Cost of goods sold -67320 -33660 33660
Selling and administrative -42517 -21258.50 -21258.50
Total fixed expenses -109837 -54918.50 54918.50
Income (loss) From operation -19700 -54918.50 -35218.5
Add a comment
Know the answer?
Add Answer to:
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from...

    Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $ (19,700) Division III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...

  • Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...

    Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. 1 Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $(19,700) Division II III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses...

  • Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...

    Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Division I II III IV Sales $254,000 $199,000 $501,000 $443,000 Cost of goods sold 204,000 190,000 301,000 247,000 Selling and administrative expenses 69,700 61,000 57,000 55,000 Income (loss) from operations $ (19,700) $ (52,000) $143,000 $141,000 Analysis reveals the following percentages of variable costs in each division. I II III IV Cost of goods...

  • Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...

    Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $204,500 and the following divisional results. Division I II III IV Sales $253,000 $195,000 $504,000 $446,000 Cost of goods sold 199,000 192,000 300,000 248,000 Selling and administrative expenses 75,500 60,000 64,000 55,000 Income (loss) from operations $ (21,500) $ (57,000) $140,000 $143,000 Analysis reveals the following percentages of variable costs in each division. I II III IV Cost of goods...

  • Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of...

    Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Division I II III IV Sales $254,000 $199,000 $501,000 $443,000 Cost of goods sold 204,000 190,000 301,000 247,000 Selling and administrative expenses 69,700 61,000 57,000 55,000 Income (loss) from operations $ (19,700) $ (52,000) $143,000 $141,000 Analysis reveals the following percentages of variable costs in each division. I II...

  • Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...

    Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $204,500 and the following divisional results. Division I II III IV Sales $253,000 $195,000 $504,000 $446,000 Cost of goods sold 199,000 192,000 300,000 248,000 Selling and administrative expenses 75,500 60,000 64,000 55,000 Income (loss) from operations $ (21,500) $ (57,000) $140,000 $143,000 Analysis reveals the following percentages of variable costs in each division. I II III IV Cost of goods...

  • Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...

    Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $204,500 and the following divisional results. Division I II III IV Sales $253,000 $195,000 $504,000 $446,000 Cost of goods sold 199,000 192,000 300,000 248,000 Selling and administrative expenses 75,500 60,000 64,000 55,000 Income (loss) from operations $ (21,500) $ (57,000) $140,000 $143,000 Analysis reveals the following percentages of variable costs in each division. I II III IV Cost of goods...

  • Culver Company has four operating divisinns. During the first quarter of 2017, the company reported aggregate...

    Culver Company has four operating divisinns. During the first quarter of 2017, the company reported aggregate income from operations of $205,100 and the following divisional results. II Division III $199,000 $499,000 191,000 298,000 63,000 63,000 S (56,000) $138,000 $750,000 198,000 74,900 S (22,900) Cost of goods sold Selling and administrative expenses Income (lees) frur operations IV $446,000 254,000 46,0IDD $146,00D Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...

  • Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of...

    Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Division I II III IV Sales $254,000 $199,000 $501,000 $443,000 Cost of goods sold 204,000 190,000 301,000 247,000 Selling and administrative expenses 69,700 61,000 57,000 55,000 Income (loss) from operations $ (19,700) $ (52,000) $143,000 $141,000 Analysis reveals the following percentages of variable costs in each division. I II...

  • Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of 2...

    Problem 7-5 (Part Level Submission) Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Division I II III IV Sales $254,000 $199,000 $501,000 $443,000 Cost of goods sold 204,000 190,000 301,000 247,000 Selling and administrative expenses 69,700 61,000 57,000 55,000 Income (loss) from operations $ (19,700) $ (52,000) $143,000 $141,000 Analysis reveals the following percentages of variable costs in each division. I II...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT