Championship Sports Inc operates two anion the Winter Sports Division and the Summer Sports Don T Waperne dents were provided from the tree December 31, 2019, the end of the riscal year wisten, in the forventes, recorded and posted Sales Winter Sports De $26,680,000 Sales Summer Sports Division 29,696,000 Cost of Goods Sold Winter Sports 16,120,000 Cost of Goods Sold Summer Sports Division 17.152,000 Sales Expo Winter Sports Division 4,000,000 Sales Expense Summer Sports Division 4,096,000 Administrative Expense - Winter Sports Division 2,665,000 Administrative Expense Summer Sports De 2036,800 Advertising Expono 195,000 Transportation Expense 192,000 Accounts Receivate Collection Expense 263,500 Warehouse Expense 2.560,000 The bases to be used in ting experies, together with other information, areas a Advertising expense-incurred at headquarters located to divisions on the Writer Sports Div 120,000: Sorti, 475,000 Transportation expense-located to divisions at a rate of 15 per bading: Winter Sports D, 15.600 Summer Sports 17,200 is of lading c. Accounts receivable collection expense-ncurred at headquarters, acted to do taper Winter Won 14,50 semes, Summer Sports 14.000 d. Warehouse expense-ocated to divisions on the basis of the space used in store products witors 100 000 feet Su Sports Den, 150,000 ft Prepare a divisional income statement with two columns woors Dons Sport Do not round your interim calculations Championship Sports Inc. Divisional Income Statements For the Year Ended December 31, 2019 Winter Sports Division Summer Sports Division Sales Cost of goods sold Gross profit Divisional selling and administrative expenses: Divisional selling expenses Divisional administrative expenses Total divisional selling and administrative expenses s Operating income before support department allocations $ Support department allocations: Advertising expense Transportation expense QUI III. 000 0000 Accounts receivable collection expense Warehouse expense Total support department allocations Operating income Provide supporting schedules for determining support department allocations. It required, round per unit amounts to two decimal places and final answers to the nearest dollar Championship Sports Inc. Support Department Allocations For the Year Ended December 31, 2019 Winter Sports Division Summer Sports Division Total Advertising expen Transportation rate per bill of lading Number of bill of lading Transportation expense Accounts receivable collection rate Number of sales voices Accounts receivable collection expense Warehouse rate per sq.ft Number of square feet Warehouse expense
