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The Ski department reports sales of $605,000 and cost of goods sold of $423,500. Its expenses follow. Direct expenses Indirect expenses Service department expenses Salaries

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The Ski department reports sales of $605,000 and cost of goods sold of $423,500. Its expenses follow. Direct expenses Indirect expenses Service department expenses Salaries $ 117,000 Rent $ 16,500 Office $ 23,600 Depreciation 42,400 1. For the Ski department only, prepare a departmental income statement 2. & 3. For the Ski department only prepare a departmental contribution to overhead report. Based on these two reports, should Ski department be eliminated? Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and 3 For the Ski department only, prepare a departmental contribution to overhead report. Based on these two reports, should the Ski department be eliminated? Departmental Contribution to Overhead For Year Ended December 31 Sk Department Sales 605,000 $ 605,000 Gross profit Direct expenses Salaries Depreciation Total direct expenses Departmental contribution to overhead Should the Ski department be eliminated? 117,000 42,400 159.400 445,600 No $

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