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Problem 22-4A Departmental contribution to income LO P3 Vortex Company operates a retail store with two departments. Information about those departments follows. Department $845,000 420,000

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Problem 22-4A Departmental contribution to income LO P3 Vortex Company operates a retail store with two departments. Information about those departments follows. Department $845,000 420,000 Department B $455,000 295,750 Sales Cost of goods sold Direct expenses Salaries Insurance Utilities Depreciation Maintenance 116,000 16,000 22,000 19.000 6.800 82,000 10,800 29,500 13.500 5,700 The company also incurred the following indirect costs. Salaries Insurance Depreciation office expenses $29.000 7.000 15.000 44,000 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 32,200 13,800 Required: 1. 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) Required: 1. 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 (los)

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