Chapter 7 Homework 0.2/2 E Question 8 of 8 Brislin Company has four operating divisions. During the first quarter of 2020, the company reported aggregate income from operations of $207,000 and the following divisional results Division 11 III IV Sales $247,000 $198.000 $501,000 $448,000 Cost of goods sold 200,000 189,000 298,000 254,000 Selling and administrative expenses 63,000 63,000 45,000 75,000 $(28,000) $(54,000) $140,000 Income (loss) from operations $149,000 Analysis reveals the following percentages of variable costs in each division. 1 11 ||| IV Cost of goods sold 67 % 88 % 81 % 78 % Selling and administrative expenses 38 57 50 57 Discontinuance of any division would save 50% of the fixed costs and expenses for that division. 1 0.2/2 Your answer is partially correct. Compute the contribution margin for Divisions I and II. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Division! Division II Contribution margin. $ 84500 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit Answer (61) The parts of this question must be completed in order. This part will be available when you complete the part above. Question 8 of 8 (a)