the requierment is what need to be answered help me with this

Travel Outfitters operates a large outdoor clothing and equipment store with three main product lines: clothing, equipment, and shoes. Travel Outfitters operates at capacity and allocates selling, general, and administration (S, G & A) costs to each product line using the cost of merchandise of each product line. The company wants to optimize the pricing and cost management of each product line and is wondering if its accounting system is providing it with the best information for making such decisions. Store manager Alex Bagley gathers the following information regarding the three product lines: (Click the icon to view the product line information.) For 2017, Travel Outfitters budgets the following selling, general, and administration costs: E: (Click the icon to view the selling, general, and administration costs.) Read the fequirements Requirement 1. Suppose Travel Outfitters uses cost of merchandise to allocate all S, G & A costs. Prepare budgeted product-line and total company income statements. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Use parentheses or a minus sign to enter losses.) Travel Outfitters Budgeted Income Statement For the Year Ended December 31, 2017 Clothing Equipment Shoes Total Revenues Cost of merchandise Selling, general and administrative costs Total costs Operating income (loss) = Homework: - X 5-43 (simila... of 6 Requirement HW Score: 68.07%, 4.08 of 6 points O Points: 0 of 1 Save Travel Outfitters operates shoes. Travel Outfitters op line using the cost of merd each product line and is w Store manager Alex Bagley gathers the following information regarding the three product lines: Click the icon to view the product line information.) For 2017, Travel Outfitters budgets the following selling, general, and administration costs: E: (Click the icon to view the selling, general, and administration costs.) 1. Suppose Travel Outfitters uses cost of merchandise to allocate all S, G&A costs. Prepare budgeted product-line and total company income statements. 2. Identify an improved method for allocating costs to the three product lines. Explain. Use the method for allocating S, G & A costs that you propose to prepare new budgeted product-line and total company income statements. Compare your results to the results in requirement 1. (Customer support and advertising have been linked very closely with store sales.) 3. Write a memo to Travel Outfitters management describing how the improved system might be useful for managing the store. Read the requirements. Requiremer the nearest Data Table Data Table Travel Outfitters Selling General, and Administration (S, G, & A) Costs For the Year Ended December 31, 2017 Travel Outfitters Budgeted Product-Line Information Revenues $ 290,400 Cost of mer 210,000 Selling, geri Purchasing department expense Receiving department expense Customer support expense (cashiers and floor employees) Rent General store advertising 324,000 299,600 For the Year Ended December 31, 2017 Clothing Equipment Shoes Total Revenues $ 1,390,000 $ 1,820,000 $ 840,000 $ 4,050,000 Cost of merchandise $ 775,500 $ 1,175,000 $ 399,500 $ 2,350,000 Number of purchase orders placed 180 100 160 440 Number of boxes received 480 260 310 1,050 Total costs Operating it 121,500 141,000 Store manager's salary Square feet of store space 4,700 12,825 1,200 18,725 $ Total 1,386,500 Print Done Help Me Print Done