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Return to question UT Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as

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Return to question UT Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. 2.14 points Sales Cost of goods sold Salaries Utilities Depreciation Office expenses $ 630,000 430,000 110,000 ($25,200 is indirect) 17,800 ($5,000 is indirect) 49,200 ($17,700 is indirect) 20,200 (all indirect) 1. Prepare a departmental income statement for 2019. 2. & 3. Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Prepare a departmental income statement for 2019. JANSEN COMPANY Departmental Income Statement-Ski Department For Year Ended December 31, 2019 Ski Dept Sales $ 630,000 Cost of goods sold 440,000 Gross profit 190,000 Operating expenses Salaries 114,000 X Utilities 15,400 x Depreciation 48,000 X Office expenses 25,800 X Operating loss (13,200) Req 1 Req 2 and 3 > Return to question UT Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. 2.14 points Sales Cost of goods sold Salaries Utilities Depreciation Office expenses $ 630,000 430,000 110,000 ($25,200 is indirect) 17,800 ($5,000 is indirect) 49,200 ($17,700 is indirect) 20,200 (all indirect) 1. Prepare a departmental income statement for 2019. 2. & 3. Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department? JANSEN COMPANY Departmental Contribution to Overhead-Ski Department For Year Ended December 31, 2019 Ski Dept Sales 630,000 Cost of goods sold 430,000 Gross profit 200,000 Direct expenses Salaries 25,200 Utilities 5,600 X Depreciation 17,400 Office expenses X 25,800 Contribution to overhead 126,000 Should Jansen eliminate the ski department? No

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