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 Shoes $ 444,500 $ 825,500 410,000 288,925 125,000 86,000. 19,000 17,500 10,000 13,500 The company reports the following indirect expenses for the year. Indirect Expense Utilities Supervisor salaries Amount $ 6,600 31,000 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: 27,600 18,400 66 44 1. Allocate indirect expenses to the two operating departments. 2. Prepare departmental income statements. Required: 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 $6,600 of utilities expense Department Clothes Shoes Total Square Footage Percent of Total. Cost Allocated Allocation of $31,000 of supervisor salaries expense Clothes Shoes Total Employees Percent of Total Cost Allocated Required: 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 Prepare departmental income statements. DIAZ COMPANY Departmental Income Statements For Year Ended December 31 Expenses Total expenses Income: Clothes Shoes < Required 1 Required 2 >