9 If Division A1 were eliminated, NUBD's income would * .Do not use money sign. Sample format: 11,111 or (11,111)NUBDCompany has 3 divisions: A1, B2, and C3. Division A1's income statementshows the following for the year ended December 31:SalesCost of goods soldGross profitSelling expensesAdministrative expensesNet lossP1,000,000(800,000)P 200,000P100,000250,000(350,000)P (150.000)Cost of goods sold is 70 percent variable and 20 percent fixed. Of the fixed costs, 60percent are avoidable if the division is closed. All of the selling expenses relate to thedivision and would be eliminated if Division A1 were eliminated. Of the administrativeexpenses, 90 percent are applied from corporate costs.

Fixed cost in cost of goods sold @20% , i.e., 20% * P800,000 P160,000 60% is avoidable. 40% is…

Answered: Division A1 were eliminated, NUBD's…

Business

Accounting

Division A1 were eliminated, NUBD's income wo

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If Division A1 were eliminated, NUBD's income would * .
Do not use money sign. Sample format: 11,111 or (11,111)
NUBDCompany has 3 divisions: A1, B2, and C3. Division A1's income statement
shows the following for the year ended December 31:
Sales
Cost of goods sold
Gross profit
Selling expenses
Administrative expenses
Net loss
P1,000,000
(800,000)
P 200,000
P100,000
250,000
(350,000)
P (150.000)
Cost of goods sold is 70 percent variable and 20 percent fixed. Of the fixed costs, 60
percent are avoidable if the division is closed. All of the selling expenses relate to the
division and would be eliminated if Division A1 were eliminated. Of the administrative
expenses, 90 percent are applied from corporate costs.

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