Problem 22-4A Departmental contribution to income LO P3 Vortex Company operates a retail store with two departments. Information about those departments follows. Department $825,600 430,000 Department B $464,400 301.860 Sales Cost of goods sold Direct expenses Salaries Insurance Utilities Depreciation Maintenance 118.000 14.000 21.000 20.500 6.800 82.000 10,800 29,500 12,500 5.400 The company also incurred the following indirect costs. Salaries Insurance Depreciation office expenses $35,000 6,800 14,400 47,000 Indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage: and office expenses on the basis of number of employees. Additional information about the departments follows. Department Number of employees Square footage 28,700 12,300 Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department B. 2. Should Department B be eliminated? Determine the departmental contribution to overhead and the departmental net income for department A and Department B. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar.) VORTEX COMPANY Departmental Contribution Statements Department A Department B Direct expenses Total direct expenses Allocated indirect expenses Total indirect expenses Operating income (loss) Number of employees Department A B Square footage 28,700 12,300 Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department B. 2. Should Department B be eliminated? Complete this question by entering your answer in the tabs below Required 1 Required 2 Should Department B be eliminated? Should Department B be eliminated?