Question 11 Jillian's Restaurant has three revenue areas with the following floor space, revenue and direct cost average monthly figures: Departmental Sales revenue Wages & salaries cost Other direct costs Cost of sales Floor area (square feet) Dining 220,000 102 Banquet 132,000 1,660 40,188 784 Beverage 35,28 35 1,74 In addition, the restaurant has the following indirect expenses: Indirect expenses Administrative and general expenses Revenue Marketing expenses Property operation & maintenance Floor space Utilities expenses Depreciation expense Insurance expensc Bases of allocation Amounts S 17.500 10,000 6,250 12.500 S15,000 $2,500 Revenue Floor space Floor space Floor space REQUIRED a) Prepare the contibutory income statement for the restaurant without allocating the indirect expenses to the three operating divisions. b) Prepare an income statement showing the net Income or loss for each department and the total income/ loss) after allocating the indirect costs to operating departments