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Profile responsibility reporting Championship Toorts Inc. peretes two divine-the Winter Sports Division and the Summer Sports Bion. The following income and paccounts were provided from

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Profile responsibility reporting Championship Toorts Inc. peretes two divine-the Winter Sports Division and the Summer Sports Bion. The following income and paccounts were provided from the trial Balance of December 2009, the end of the year after allments, including those for inventories were recorded and posted Sales Winter Sports Division 181,300,000 Sales-Summer Sports Division 15,900,000 Cast of Goods Sold-Winter Sports Division 4.300,000 Cost of Goods Sold-Summer Sports Division 9,700.000 Sales Expense-Winter Sports Division 610,000 Sales Expense-Summer Sports Division 1,000,000 Administrative Expense-Winter Sports Division 720,000 Administrative Expenses Sports Division 1,710,000 Advertising Expense 1,049,000 Transportation Expense 343.000 Accounts Receivable Collection Expense 71.000 Warehouse Expense 876,000 The teses to be used in a locating expenses, together with other information, are as follows: 1. Advertising expense-locurred at headquarters, charged back to divisions on the basis of usage: Winter Sports Division, $345.000, Summer Sports Division, 570.000 Transportation expense-charged back to divisions sa charge rate of $7.00 per bill of lading: Winter Sports Division, 16,000 bily of lading Summer Sports Division, 33,000 bill of lading L. Accounts receivable collection expense-incurred at headquarters, charged back to divisions at a change rate of $1.00 per invloed Winter Sports Division, 27,000 sales invoices: Summer Sports Division 4,000 sales invoices 4. Warehouse expense-charged back to divisions on the basis of four space used in storing division products Winter Sports Division, 50.000 square feet; Summer Sports Dio, 96,000 square feet The best be used in cabing expenses, together with other information are as follows: Advertising expense-incurred at headquarters, charged back to divisions on the basis of usage: Winter Sports Divis, 5.348,000; Summer Sports Division, $701,000 b. Transportation expense-charged back to divisions at the rate of $7.00 per of lading: Winter Sports Division, 16.000 bit of lading: Soner Sports Division, 33,000 bit of lading Accounts receivable collection expense-incurred at hearters, charged back to vision et a change rate of $1.00 per invoice Winter Sports Division, 27,000 sales invoices: Sumar Sports Division 4.00 sales in Warehouse expense-charged back to it on the base of foor space used in storing division products Winter Sports Division, 50,000 square feet Summer Sports Division, 96,000 square feet This information has been collected in the Microsoft Datel Ontpe tie. Open the spreadsheet, perform the required , and post your newers in the aventure below Open spadsheet Prepare a income statement with two column Headings Winter Sports Division and Summer Sports Division. Do not round your intermediate action Championship Sports Inc. Divisional Income Statements For the Year Ended December 31, 2019 Winter Sports Summer Sports Division Division Sales Cost of goods sold Gross profit Dvasing dadinis ce 365 Championship Sports Inc. Divisional Income Statemente For the Year Ended December 31, 2019 Winter Sports Division Summer Sports Division Cost of goods sold Gross profit Divisional seling and administrative expenses: Divisional selling expenses Divisional administrative expenses Total divisional selling and administrative expenses Operating income before support department allocations Support department allocations: Advertising expense Transportation expense Accounts receivable collection expense Warehouse expense Total support department allocations Operating income ons support department allocations Operating income Provide supporting computations for support department allocations. It required, round per unit amounts to two decimal places and final answers to the nearest dollar Championship Sports Inc. Support Department Allocations For the Year Ended December 31, 2019 Summer Sports Winter Sports Division Total Division Advertising expense Transportation rate per il of lading Number of bls of lading Transportation expense Accounts receivable collection rate Number of sales invoices Accounts receivable collection expense Warehouse rate per sq.ft Number of square feet D ] Warehouse expense

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