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 $806,400 435,000 Department B $453,600 294,840 Sales Cost of goods sold Direct expenses: Salaries Insurance Utilities Depreciation Maintenance 120,000 12,000 23,500 15,500 6,400 88,000 10,100 28,500 12,500 5,800 The company also incurred the following indirect costs. Salaries Insurance Depreciation office expenses $28,000 6,600 15,800 41,000 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 32,900 14,100 Number of employees 66 44 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 Sales $ 806,400 $ 453,600 Cost of goods sold 435,000 294,840 Gross profit 371,400 158,760 Direct expenses Salaries 120,000 88,000 Insurance 12,000 10,100 Utilities 23,500 28,500 Depreciation 15,500 12,500 Maintenance 6,400 5,800 177,400 144,900 Total direct expenses Departmental contributions to overhead Allocated indirect expenses Salaries Insurance Depreciation Office 0 0 Total indirect expenses Operating income (loss) $ 0 $ 0 Required 1 Required 2 >