Qw.116. Crane Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $210,600 and the following divisional results.SalesCost of goods soldSelling and administrative expensesIncome (loss) from operations$245,000200,00072.40063,00058,000$(27,400) $(58,000) $145,0001Cost of goods sold73 %Selling and administrative expenses 391111Division$197.000192,000Analysis reveals the following percentages of variable costs in each division.91 %5911182 %$504,00050301,000IV75 %61IV$450,000249,00050,000$151,000Discontinuance of any division would save 50% of the fixed costs and expenses for that divisionTop management is very concerned about the unprontable divisions (and 10. Consensus is that one or both of the divisions should be discontinued Prepare an incremental analysis concerning the possible discontinuance of Division 1. (Enter negative amounts using either a negative sigNet IncomeIncrease (Decrease)Contribution marginFixed costsCost of goods soldSelling and administrativeTotal fixed expensesIncome (loss) from operationsContinue$Eliminate

Name: Qw.116. Crane Company has four operating divisions. During the first q
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Description: Qw.116. Crane Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $210,600 and the following divisional results.SalesCost of goods soldSelling and administrative expensesInc

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Crane Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $210,600 and the follow Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations 11 Division $245,000 200,000 72.400 63,000 58,000 $(27,400) $(58,000) $145,000 $197.000 $504,000 192,000 301,000 Analysis reveals the following percentages of variable costs in each division. IV $450,000 249,000 50,000 $151,000

Crane Company has four operating divisions. During the first quarter of 2022, the company reported aggregate income from operations of $210,600 and the follow Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations 11 Division $245,000 200,000 72.400 63,000 58,000 $(27,400) $(58,000) $145,000 $197.000 $504,000 192,000 301,000 Analysis reveals the following percentages of variable costs in each division. IV $450,000 249,000 50,000 $151,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8PA: The following revenue data were taken from the December 31, 2017, Coca-Cola annual report (10-K):...

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