Homework B Exercise 9-8 (Algo) Departmental Income statement and contribution to overhead LO The Ski department reports sales of $625,000 and cost of goods sold of $437,500. Its expenses follow. ped nces Direct expenses Indirect expenses Salaries Depreciation $ 118,000 45,000 Rent $ 15,900 Service department expenses Office $ 21,600 1. For the Ski department only, prepare a departmental income statement. 2. & 3. For the Ski department only, prepare a departmental contribution to overhead report. Based on these tw Ski department be eliminated? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 For the Ski department only, prepare a departmental contribution to overhead report. Based on these two reports, st Ski department be eliminated? Departmental Contribution to Overhead For Year Ended December 31 Ski Department D Total direct expenses Departmental contribution to overhead S 0 Should the Ski department be eliminated?