Exercise 22-8 Departmental income statement and contribution to overhead LO P3 Jansen Company reports the following for its ski department for the year 2017. All of its costs are direct, except as noted. Sales $600,000 Cost of qoods sold 440,000 114,000 ($25,200 is indirect) 15,700 ($5, 700 is indirect) Salariea Utilities Depreciation 51,600 ($17,700 is indirect) office expenses 22,400 (all indirect) 1. Prepare a departmental income statement for 2017 2. & 3. Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jansen eliminate the ski department? Complete this question by entering your answers in the tabs below Req 1 Req 2 and 3 Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jansen eliminate the ski department? JANSEN COMPANY Departmental Contribution to Overhead-Ski Department For Year Ended December 31, 2017 Ski Dept 0 Contribution to overhead Should Jansen eliminate the ski department? Exercise 22-8 Departmental income statement and contribution to overhead LO P3 Jansen Company reports the following for its ski department for the year 2017. All of its costs are direct, except as noted. Sales $600,000 440,000 114,000 ($25,200 is indirect) 15,700 ($5,700 is indirect) Cost of qoods sold Salaries Utilities Depreciation 51,600 ($17,700 is indirect) 22,400 (all indirect) office expenses 1. Prepare a departmental income statement for 2017 2. & 3. Prepare a departmental contribution to overhead report for 2017. Based on these two performance reports, should Jansen eliminate the ski department? Complete this question by entering your answers in the tabs below Req 1 Req 2 and 3 Prepare a departmental income statement for 2017. JANSEN COMPANY Departmental Income Statement-Ski Department For Year Ended December 31, 2017 Ski Dept Operating expenses Rea 1 Req 2 and 3>