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Company operates a retail store with two departments Information about those departments follows Department A Department B 33.49/40 Sales $845,000 $ 455,000 points awarded
Company operates a retail store with two departments Information about those departments follows Department A Department B 33.49/40 Sales $845,000 $ 455,000 points awarded Cost of goods sold 445,000 295,750 Scored ct expenses alaries 120,000 82,000 Insurance 15,000 10,500 Utilities 22,500 29,000 Depreciation 17,500 13,000 Maintenance 6,600 5,500 The company also incurred the following indirect costs. Salaries Insurance Depreciation $34,000 7,200 15,800 Office expenses 45,000 Indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. Additional information about the departments follows. Department A B Square footage 34,300 14,700 Number of employees 84 36 Required: Determine the departmental contribution to overhead and the departmental net 1. income for department A and Department B. (Do not round intermediate enlaudatione Bound your final answer to nearest whole dollarl 133.49/25
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