2 Exercise 22-8 Departmental income statement and contribution to overhead LO P3 Jansen Company reports the following for its ski department for the year 2017. All of its costs are direct, except as noted. 7.5 points Sales $610,000 430,000 110,000 ($25,600 is indirect) 16,100 ($5,000 is indirect) 48,400 ($17,800 is indirect) 28,000 (all indirect) Cost of qoods sold Salarie Utilities eBook Depreciation office expenses Print 1. Prepare a departmental income statement for 2017 2. & 3. Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jansen eliminate the ski department? References Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and 3 Prepare a departmental income statement for 2017. JANSEN COMPANY Departmental Income Statement-Ski Department For Year Ended December 31, 2017 Ski Dept Operating expenses 2 Sales $610,000 430,000 110,000 ($25,600 is indirect) 16,100 ($5,000 is indirect) Cost of qoods sold Salarien Utilities Depreciation office expensea 75 48,400 ($17,800 is indirect) 28,000 (all indirect) points 1. Prepare a departmental income statement for 2017 ok 2. & 3. Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jan eliminate the ski department? Print Complete this question by entering your answers in the tabs below. References Req 1 Req 2 and 3 Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jansen eliminate the ski department? JANSEN COMPANY Departmental Contribution to Overhead-Ski Department For Year Ended December 31, 2017 Ski Dept Contribution to overhead Should Jansen eliminate the ski department?" 3 Exercise 22-9 Investment center analysis LO A1 You must prepare a return on investment analysis for the regional manager of Fast & Great Burgers. This growing chain is trying to decide which aoutlet of two alternatives to open. The first location (A) requires a $500,000 investment and is expected to yield annual net income of $85,000. The second location (B) requires a $200,000 investment and is expected to yield annual net income of $40,000. 7.5 points Compute the return on investment for each Fast & Great Burgers alternative eBook Return on Investment Numerator Denominator ROI Hint ROI Location A Location B Print References Using return on investment as your only criterion, recommend which of the locations to open O Location A O Location B