Below are departmental income statements for a guitar manufacturer. The company classifies advertising, rent, and utilities as indirect expenses. The manufacturer is considering ellminating its Electric Guitar department because it shows a loss. Departmental Income Statements For Year Ended December 31 Acoustic Electric Sales $ 102,900 $ 83,900 Cost of goods sold 44,275 46,850 Gross profit 58,625 37,050 Expenses Advertising 5,065 4,340 Depreciation Equipment 10,080 8,600 Salaries 20,100 17,300 Supplies used 1,960 1,800 Rent 7,095 5,980 Utilities 2,995 2,640 Total expenses 47,295 40,660 Income (loss $ 11,330 $ (3,610) 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. Required 1 Required 2 Prepare a departmental contribution to overhead report, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a departmental contribution to overhead report. Departmental Contribution to Overhead For Year Ended December 31 Acoustic Electric Combined Direct expenses 0 0 0 Total direct expenses Departmental contribution to overhead $ 0 $ 0 $ 0 Route Required 2 > 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. Required 1 Required 2 Based on contribution to overhead, should the electric guitar department be eliminated? Based on contribution to overhead, should the electric guitar department be eliminated?