Below are departmental income statements for a guitar manufacturer. The company classifies advertising, rent, and utilities as Indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. Departmental Income Statements For Year Ended December 31 Acoustic Electric Sales $ 101, 700 $ 84 , 400 Cost of goods sold 44 , 275 47 , 250 Gross profit 57 , 425 37, 150 Expenses Advertising 5,055 4, 320 Depreciation-Equipment 10, 110 8,500 Salaries 20, 090 17 , 900 Supplies used 1,990 1, 760 Rent 7, 065 5,960 Utilities 2,995 2, 630 Total expenses 47, 215 41, 070 Income (loss ) $ 10, 210 $ (3, 920) 1. Prepare a departmental contribution to overhead report 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below