Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. For Year Ended December 31 Sales Cost of goods sold Direct expenses: Wages Supplies used Depreciation Clothes $ 812,800 Shoes $ 457,200 420,000 297,180 125,000 88,000 14,000 10,400 17,000 14,000 The company reports the following Indirect expenses for the year. Indirect Expense Utilities Supervisor salaries Amount $ 6,600 28,000 Allocation Base Square feet of space occupied Number of employees in department Additional Information about the two departments follows. Department Square Footage Number of Employees Clothes Shoes Required: 24,600 16,400 66 44 1. Allocate Indirect expenses to the two operating departments. 2. Prepare departmental Income statements. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate indirect expenses to the two operating departments. Allocation of $8,600 of utilities expense Department Clothes Shoes Total Square Footage Percent of Total Cost Allocated Allocation of $28,000 of supervisor salaries expense Clothes Shoes Total Employees Percent of Total Cost Allocated Prepare departmental income statements. DIAZ COMPANY Departmental Income Statements For Year Ended December 31 Expenses Total expenses Income Clothes Shoes