please help me with all working thanks Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for the last five years and Anderson is considering eliminatingthat division. Anderson's information about the two divisions is as follows:Book Division Magazine Division Total$ 8,160,000 $3,452,300$ 11,612,300Sales RevenueCost of Goods soldVariable manufacturing costs 2,360,000Fixed manufacturing costs 1,113,500Gross ProfitOperating Expenses1,176,5001,292,700$ 4,686,500 $983,100250,8001,209,1003,536,5002,406,200$ 5,669,600Variable operating expenses 171,000421,8004,161,100Fixed operating expenses 2,952,000Net income$ 1,563,500 $ (476,800)$ 1,086,700Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributable to each division. The remaining are common or shared between thetwo divisions.Required:1. Compute the contribution margin and the segment margin of each division and the company as a whole.2. What will be the impact on net income if the Magazine Division is eliminated?

Business companies compile income statements in order to determine how much net income they generate…

Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for the last five years and Anderson is considering eliminat that division. Anderson's information about the two divisions is as follows: Total $ 11,612,300 Book Division Magazine Division $3,452,300 $ 8,160,000 Sales Revenue Cost of Goods sold Variable manufacturing costs 2,360,000 1,176,500 Fixed manufacturing costs 1,113,500 1,292,700 $ 4,686,500 $983,100 Gross Profit Operating Expenses 3,536,500 2,406,200 $ 5,669,600 Variable operating expenses 171,000 250,800 421,800 4,161,100 Fixed operating expenses 2,952,000 1,209,100 Net income $1,563,500 S (476,800) $ 1,086,700 Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributable to each division. The remaining are common or shared between th two divisions. Required: 1. Compute the contribution margin and the segment margin of each division and the company as a whole. 2. What will be the impact on net income if the Magazine Division is eliminated?

Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for the last five years and Anderson is considering eliminat that division. Anderson's information about the two divisions is as follows: Total $ 11,612,300 Book Division Magazine Division $3,452,300 $ 8,160,000 Sales Revenue Cost of Goods sold Variable manufacturing costs 2,360,000 1,176,500 Fixed manufacturing costs 1,113,500 1,292,700 $ 4,686,500 $983,100 Gross Profit Operating Expenses 3,536,500 2,406,200 $ 5,669,600 Variable operating expenses 171,000 250,800 421,800 4,161,100 Fixed operating expenses 2,952,000 1,209,100 Net income $1,563,500 S (476,800) $ 1,086,700 Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributable to each division. The remaining are common or shared between th two divisions. Required: 1. Compute the contribution margin and the segment margin of each division and the company as a whole. 2. What will be the impact on net income if the Magazine Division is eliminated?

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Chapter18: Pricing And Profitability Analysis

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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please help me with all working thanks

Anderson Publishing has two divisions: Book Publishing and Magazine Publishing. The Magazine division has been losing money for the last five years and Anderson is considering eliminating
that division. Anderson's information about the two divisions is as follows:
Book Division Magazine Division Total
$ 8,160,000 $3,452,300
$ 11,612,300
Sales Revenue
Cost of Goods sold
Variable manufacturing costs 2,360,000
Fixed manufacturing costs 1,113,500
Gross Profit
Operating Expenses
1,176,500
1,292,700
$ 4,686,500 $983,100
250,800
1,209,100
3,536,500
2,406,200
$ 5,669,600
Variable operating expenses 171,000
421,800
4,161,100
Fixed operating expenses 2,952,000
Net income
$ 1,563,500 $ (476,800)
$ 1,086,700
Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attributable to each division. The remaining are common or shared between the
two divisions.
Required:
1. Compute the contribution margin and the segment margin of each division and the company as a whole.
2. What will be the impact on net income if the Magazine Division is eliminated?

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Anderson Publishing has two divisions: Book Publishing & Magazine Publishing. The Magazine division has been losing money for the last 5 years and Anderson is considering eliminating that division. Anderson’s information about the two divisions is as follows: Book Division Magazine Division Total Sales Revenue $ 7,800,000 $ 3,300,000 $ 11,100,000 Cost of Goods sold Variable costs 2,000,000 997,000 2,997,000 Fixed costs 1,077,500 1,200,000 2,277,500 Gross Profit $ 4,722,500 $ 1,103,000 $ 5,825,500 Operating Expenses Variable 135,000 198,000 333,000 Fixed 2,916,000 1,189,000 4,105,000 Net income $ 1,671,500 $ (284,000 ) $ 1,387,500 Only 20 percent of the fixed manufacturing costs and 60 percent of the fixed operating expenses are directly attribute to each division. The remainder are common or shared between the…
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