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Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sales Cost of
Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sales Cost of goods sold Salaries Utilities Depreciation Office expenses $ 620,000 440,000 113,000 ($25,600 is indirect) 14,200 ($5,300 is indirect) 43,000 ($17,400 is indirect) 26,000 (all indirect) 1. Prepare a departmental income statement for 2019. 2. & 3. Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Janser eliminate the ski department? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Prepare a departmental income statement for 2019. JANSEN COMPANY Departmental Income Statement-Ski Department For Year Ended December 31, 2019 Ski Dept 0 Operating expenses $ 0 Complete this question by entering your answers in the tabs below. Req 1 Reg 2 and 3 Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department? JANSEN COMPANY Departmental Contribution to OverheadSki Department For Year Ended December 31, 2019 Ski Dept 0 $ 0 Contribution to overhead Should Jansen eliminate the ski department?
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