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Question - Operations of Borderland Oil Drilling Services are separated into two geographical divisions: United States and Mexico. The operating results of each division for 2013 are as follows:
United States
Mexico
Total
Sales
$7,200,000
$3,600,000
$10,800,000
Variable costs
(4,740,000)
(2,088,000)
(6 828 000)
Contribution margin
$2,460,000
$1,512,000
$3,972,000
Direct fixed costs
(800,000)
(490,000)
(1,290,000)
Segment margin
$1,660,000
$1,022,000
$2,682,000
Corporate fixed costs
(1,900,000)
(890,000)
(2,790,000)
Operating income (loss)
$(240,000)
$132,000
$(108,000)
Corporate fixed costs are allocated to the divisions based on relative sales. Assume that all of a division's direct fixed costs could be avoided by eliminating that division. Because the U.S. division is operating at a loss, Borderland's president is considering eliminating it.
If the U.S. division had been eliminated at the beginning of the year, what would have been Borderland's pre-tax income?
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