Glades Sporting Goods Co operates two divisionsthe Winter Sports Division and the Summer Sports Division The following income and expense accounts were provided from the trial balance as of December 31, 20Y8, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted SalesWinter Sports Division $24,412,500 SalesSummer Sports Division 26,970,000 Cost of Goods SoldWinter Sports Division 14,647,500 Cost of Goods SoldSummer Sports Division 15,577,500 Sales ExpenseWinter Sports Division 4,185,000 Sales ExpenseSummer Sports Division 3,720,000 Administrative ExpenseWinter Sports Division 2,441,300 Administrative ExpenseSummer Sports Division 2,394,800 Advertising Expense 1,061,000 Transportation Expense 545,700 Accounts Receivable Collection Expense 277,200 Warehouse Expense 2,325,000 The bases to be used in allocating expenses, together with other essential information, are as follows Advertising expenseincurred at headquarters, allocated to divisions on the basis of usage Winter Sports Division, $498,000 Summer Sports Division, $563,000 Transportation expenseallocated to divisions at an allocation rate of $17 per bill of lading Winter Sports Division, 15,300 bills of lading Summer Sports Division, 16,800 bills of lading Accounts receivable collection expenseincurred at headquarters, allocated to divisions at an allocation rate of $9 per invoice Winter Sports Division, 14,200 sales invoices Summer Sports Division, 16,600 sales invoices Warehouse expenseallocated to divisions on the basis of floor space used in storing division products Winter Sports Division, 130,000 square feet Summer Sports Division, 170,000 square feet Prepare a divisional income statement with two column headings Winter Sports Division and Summer Sports Division Do not round your interim calculations Glades Sporting Goods Co Divisional Income Statements For the Year Ended December 31, 20Y8 Winter Sports Division Summer Sports Division Sales $fill in the blank f7739f0c5ff3059 1 $fill in the blank f7739f0c5ff3059 2 Cost of goods sold fill in the blank f7739f0c5ff3059 3 fill in the blank f7739f0c5ff3059 4 Gross profit $fill in the blank f7739f0c5ff3059 5 $fill in the blank f7739f0c5ff3059 6 Divisional selling and administrative expenses Divisional selling expenses $fill in the blank f7739f0c5ff3059 7 $fill in the blank f7739f0c5ff3059 8 Divisional administrative expenses fill in the blank f7739f0c5ff3059 9 fill in the blank f7739f0c5ff3059 10 Total divisional selling and administrative expenses $fill in the blank f7739f0c5ff3059 11 $fill in the blank f7739f0c5ff3059 12 Income from operations before service department allocations $fill in the blank f7739f0c5ff3059 13 $fill in the blank f7739f0c5ff3059 14 Less service department cost allocations Advertising expense $fill in the blank f7739f0c5ff3059 15 $fill in the blank f7739f0c5ff3059 16 Transportation expense fill in the blank f7739f0c5ff3059 17 fill in the blank f7739f0c5ff3059 18 Accounts receivable collection expense fill in the blank f7739f0c5ff3059 19 fill in the blank f7739f0c5ff3059 20 Warehouse expense fill in the blank f7739f0c5ff3059 21 fill in the blank f7739f0c5ff3059 22 Total $fill in the blank f7739f0c5ff3059 23 $fill in the blank f7739f0c5ff3059 24 Income from operations $fill in the blank f7739f0c5ff3059 25 $fill in the blank f7739f0c5ff3059 26 Provide supporting schedules for determining service department cost allocations If required, round per unit amounts to two decimal places and final answers to the nearest dollar Glades Sporting Goods Co Service Department Charges For the Year Ended December 31, 20Y8 Winter Sports Division Summer Sports Division Total Advertising expense $fill in the blank f16d8df8200cf84 1 $fill in the blank f16d8df8200cf84 2 $fill in the blank f16d8df8200cf84 3 Transportation rate per bill of lading $fill in the blank f16d8df8200cf84 4 $fill in the blank f16d8df8200cf84 5 Number of bills of lading fill in the blank f16d8df8200cf84 6 fill in the blank f16d8df8200cf84 7 Transportation expense $fill in the blank f16d8df8200cf84 8 $fill in the blank f16d8df8200cf84 9 $fill in the blank f16d8df8200cf84 10 Accounts receivable collection rate $fill in the blank f16d8df8200cf84 11 $fill in the blank f16d8df8200cf84 12 Number of sales invoices fill in the blank f16d8df8200cf84 13 fill in the blank f16d8df8200cf84 14 Accounts receivable collection expense $fill in the blank f16d8df8200cf84 15 $fill in the blank f16d8df8200cf84 16 $fill in the blank f16d8df8200cf84 17 Warehouse rate per sq ft $fill in the blank f16d8df8200cf84 18 $fill in the blank f16d8df8200cf84 19 Number of square feet fill in the blank f16d8df8200cf84 20 fill in the blank f16d8df8200cf84 21 Warehouse expense $fill in the blank f16d8df8200cf84 22 $fill in the blank f16d8df8200cf84 23 $fill in the blank f16d8df8200cf84 24

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Glades Sporting Goods Co. operates two divisionsthe Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the

Glades Sporting Goods Co. operates two divisionsthe Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 20Y8, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted:

SalesWinter Sports Division	$24,412,500
SalesSummer Sports Division	26,970,000
Cost of Goods SoldWinter Sports Division	14,647,500
Cost of Goods SoldSummer Sports Division	15,577,500
Sales ExpenseWinter Sports Division	4,185,000
Sales ExpenseSummer Sports Division	3,720,000
Administrative ExpenseWinter Sports Division	2,441,300
Administrative ExpenseSummer Sports Division	2,394,800
Advertising Expense	1,061,000
Transportation Expense	545,700
Accounts Receivable Collection Expense	277,200
Warehouse Expense	2,325,000

The bases to be used in allocating expenses, together with other essential information, are as follows:

Advertising expenseincurred at headquarters, allocated to divisions on the basis of usage: Winter Sports Division, $498,000; Summer Sports Division, $563,000.
Transportation expenseallocated to divisions at an allocation rate of $17 per bill of lading: Winter Sports Division, 15,300 bills of lading; Summer Sports Division, 16,800 bills of lading.
Accounts receivable collection expenseincurred at headquarters, allocated to divisions at an allocation rate of $9 per invoice: Winter Sports Division, 14,200 sales invoices; Summer Sports Division, 16,600 sales invoices.
Warehouse expenseallocated to divisions on the basis of floor space used in storing division products: Winter Sports Division, 130,000 square feet; Summer Sports Division, 170,000 square feet.

Prepare a divisional income statement with two column headings: Winter Sports Division and Summer Sports Division. Do not round your interim calculations.

Glades Sporting Goods Co.
Divisional Income Statements
For the Year Ended December 31, 20Y8
	Winter Sports Division	Summer Sports Division
Sales	$fill in the blank f7739f0c5ff3059_1	$fill in the blank f7739f0c5ff3059_2
Cost of goods sold	fill in the blank f7739f0c5ff3059_3	fill in the blank f7739f0c5ff3059_4
Gross profit	$fill in the blank f7739f0c5ff3059_5	$fill in the blank f7739f0c5ff3059_6
Divisional selling and administrative expenses:
Divisional selling expenses	$fill in the blank f7739f0c5ff3059_7	$fill in the blank f7739f0c5ff3059_8
Divisional administrative expenses	fill in the blank f7739f0c5ff3059_9	fill in the blank f7739f0c5ff3059_10
Total divisional selling and administrative expenses	$fill in the blank f7739f0c5ff3059_11	$fill in the blank f7739f0c5ff3059_12
Income from operations before service department allocations	$fill in the blank f7739f0c5ff3059_13	$fill in the blank f7739f0c5ff3059_14
Less service department cost allocations:
Advertising expense	$fill in the blank f7739f0c5ff3059_15	$fill in the blank f7739f0c5ff3059_16
Transportation expense	fill in the blank f7739f0c5ff3059_17	fill in the blank f7739f0c5ff3059_18
Accounts receivable collection expense	fill in the blank f7739f0c5ff3059_19	fill in the blank f7739f0c5ff3059_20
Warehouse expense	fill in the blank f7739f0c5ff3059_21	fill in the blank f7739f0c5ff3059_22
Total	$fill in the blank f7739f0c5ff3059_23	$fill in the blank f7739f0c5ff3059_24
Income from operations	$fill in the blank f7739f0c5ff3059_25	$fill in the blank f7739f0c5ff3059_26

Provide supporting schedules for determining service department cost allocations.. If required, round per unit amounts to two decimal places and final answers to the nearest dollar.

Glades Sporting Goods Co.
Service Department Charges
For the Year Ended December 31, 20Y8
	Winter Sports Division	Summer Sports Division	Total
Advertising expense	$fill in the blank f16d8df8200cf84_1	$fill in the blank f16d8df8200cf84_2	$fill in the blank f16d8df8200cf84_3
Transportation rate per bill of lading	$fill in the blank f16d8df8200cf84_4	$fill in the blank f16d8df8200cf84_5
Number of bills of lading	fill in the blank f16d8df8200cf84_6	fill in the blank f16d8df8200cf84_7
Transportation expense	$fill in the blank f16d8df8200cf84_8	$fill in the blank f16d8df8200cf84_9	$fill in the blank f16d8df8200cf84_10
Accounts receivable collection rate	$fill in the blank f16d8df8200cf84_11	$fill in the blank f16d8df8200cf84_12
Number of sales invoices	fill in the blank f16d8df8200cf84_13	fill in the blank f16d8df8200cf84_14
Accounts receivable collection expense	$fill in the blank f16d8df8200cf84_15	$fill in the blank f16d8df8200cf84_16	$fill in the blank f16d8df8200cf84_17
Warehouse rate per sq. ft.	$fill in the blank f16d8df8200cf84_18	$fill in the blank f16d8df8200cf84_19
Number of square feet	fill in the blank f16d8df8200cf84_20	fill in the blank f16d8df8200cf84_21
Warehouse expense	$fill in the blank f16d8df8200cf84_22	$fill in the blank f16d8df8200cf84_23	$fill in the blank f16d8df8200cf84_24