Exercise 22-7 (Algo) Departmental contribution to overhead LO P3 Below are departmental income statements for a guitar manufacturer. The company classifies advertising. rent. and utilties as indirect expenses. The manufacturer is considering eliminating its Electric Guhar department because in shows a loss. 1. Prepare a departmental contribution to overhead report 2. Bssed on contibution to owethead, should the electric guitar department be eliminoted? Complete this question by entering your answers in the tabs below. Prepare a departmental contributian to overtesa report. 1. Prepare a departmental contribution to overhead report. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. Pregare a departmental contribution to overhead report. 1. Prepare a departmental contribution to overhead report. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. Based on contribution to overheed, should the electric guitar department be eliminated? Based on contribution to overhead, should the electric pultar department be eliminated