Problem 22-4A Departmental contribution to income LO P3 Vortex Company operates a retail store with two departments. Information about those departments follows. Department A $825,500 420,000 Department B $444,500 288,925 Sales Cost of goods sold Direct expenses: Salaries Insurance Utilities Depreciation Maintenance 121,000 17,000 23,500 15,500 6,300 82,000 10,300 26,000 14,000 5,400 The company also incurred the following indirect costs. Salaries Insurance Depreciation Office expenses $35,000 8,000 15,600 42,000 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 B Square footage 33,600 14,400 Number of employees 70 30 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 answers in the tabs below. Required 1 Required 2 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 0 Direct expenses Total direct expenses 0 0 Allocated indirect expenses 0 0 Total indirect expenses Operating income (loss) $ 0 S 0 Required 1 Required 2 Should Department B be eliminated? Should Department B be eliminated