Exercise 24-7 (Algo) Departmental contribution to overhead LO P3 Below are departmental income statements for a gultar manufacturer. The company classifies advertising, rent, and utilitles as Indire expenses. The manufacturer is considering eliminating its Electric Gultar department because it shows a loss. 1. Prepare a departmental contrlbution 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. Prepare a departmental contribution to overhead report