Exercise 24-7 Departmental contribution report LO P3 Cost of goods sold 57,62536,250 10,118 1,760 Utilities expense Total operating expenses 3,005 1. Prepare a departmental contribution report that shows each department's contribution to For Year Ended December 31, 2017 stic to 2. Based on contribution to overheed, should the electric guitar department be eliminated? O No Yes