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The Ski department reports sales of $605,000 and cost of goods sold of $415,000. Its expenses follow. Direct expenses Salaries $ 112,000 Depreciation 43,200 Indirect
The Ski department reports sales of $605,000 and cost of goods sold of $415,000. Its expenses follow. Direct expenses Salaries $ 112,000 Depreciation 43,200 Indirect expenses Rent $ 15,800 Service department expenses Office $ 26,699 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 the 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 income statement. For the Ski department only, prepare a departmental income statement. Departmental Income Statement For Year Ended December 31 Ski Department Expenses Total expenses Req 2 and 3> Req 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 Ski Department Total direct expenses Departmental contribution to overhead Should the Ski department be eliminated?
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