DO ALL $3$ REQUIRED TABS $(1,2,$The Ski department reports sales of $$620,000$ and cost of goods sold of $$434,000.$ Its expenses follow.

For the Ski department only, prepare a departmental income statement.

& $3.$ For the Ski department only, prepare a departmental contribution to overhead report. Based on these two

reports, should the Ski department be eliminated?

Complete this question by entering your answers in the tabs below.

For the Ski department only, prepare a departmental income statement$\mathrm{.}3)$ The Ski department reports sales of $$620,000$ and cost of goods sold of $$434,000.$ Its expenses follow.

Direct expenses Indirect expenses Service department expenses

Salaries $ $116,000$ Rent $ $16,000$ Office $ $29,200$

Depreciation $49,200$

$1.$ For the Ski department only, prepare a departmental income statement.

$2.$ & $3.$ For the Ski department only, prepare a departmental contribution to overhead report. Based on these two reports, should the Ski department be eliminated?