************ PLEASE ANSWER 2 REQUIREMENTS BELOW **************

Below are departmental income statements for a guitar manufacturer. The manufacturer is considering eliminating its electric guitar department since it has a net loss. The company classifies advertising, rent, and utilities expenses as indirect. 1. Prepare a departmental contribution report that shows each department's contribution to overhead. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Prebare a debartmental contribution rebort that shows each debartment's contribution to overhead Based on contribution to overhead, should the electric guitar department be eliminated