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Please Fill In The Blanks Exerclse 22-7 (Algo) Departmental contribution to overnead LOPS Below are departmental income statements for a guitar manufacturer. The company classifies

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Exerclse 22-7 (Algo) Departmental contribution to overnead LOPS Below are departmental income statements for a guitar manufacturer. The company classifies advertising, rent, and utiities as indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. 1. Prepare a departmental contribution to overhead report. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. Prepare a departmental contribution to overhead report

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