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Problem 9-3A (Algo) Departmental income statements LO P3 Garcia Company has two operating departments (Phone and Earbuds) and one service department (Office). Its departmental income

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Problem 9-3A (Algo) Departmental income statements LO P3 Garcia Company has two operating departments (Phone and Earbuds) and one service department (Office). Its departmental income statements follow. Indirect expenses and service department expenses consist of rent, utilities, and office department expenses. Earbuds $ 115,000 71,300 43,700 Combined $ 365,000 193,800 171,200 GARCIA COMPANY Departmental Income Statements For Year Ended December 31 Phone Sales $ 250,000 Cost of goods sold 122,500 Gross profit 127,500 Expenses Sales salaries 21,500 Supplies used 850 Depreciation-Equipment 2,200 Rent 7,080 Utilities 2,800 Share of office department expenses 10,500 Total expenses 44,930 Income $ 82,570 8,400 400 300 3,600 1,700 9,000 23,400 $ 20,300 29,900 1,250 2,500 10, 680 4,500 19,500 68,330 $ 102,870 Required: Prepare a departmental contribution to overhead report. Garcia Company Departmental Contribution to Overhead For Year Ended December 31 Phone Earbuds Combined 0 0 0 Direct expenses 0 0 0 Total direct expenses Departmental contribution to overhead $ 0 $ 0 $ 0

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