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Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the...

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Accounting

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Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month Sales Variable Costs Contribution Margin Fixed Costs (allocated) Profit Margin Howard Jones Total $745,500 $ 745,500 $1,491,080 425,325 633, 675 $1,959,000 $320,175 $ 111,825 $ 432,000 225,700 225,700 451,400 $ 94,475 $(113,875) $ (19,400) What would Davenport's profit margin be if the Jones division was dropped? O $206,300 profit $19,400 loss $131,225 loss (0) $94,475 profit

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