Windsor corporation had income from continuing operations of $10,711,100 in 2020. during 2020, it disposed of its restaurant division at an after-tax loss of $194,900. prior to disposal, the division operated at a loss of $316,900 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). windsor had 10,000,000 shares of common stock outstanding during 2020. prepare a partial income statement for windsor beginning with income from continuing operations.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.