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The Ski department reports sales of $610,000 and cost of goods sold of $427,000. Its expenses follow. Direct expenses Indirect expenses Salaries Depreciation $117,000
The Ski department reports sales of $610,000 and cost of goods sold of $427,000. Its expenses follow. Direct expenses Indirect expenses Salaries Depreciation $117,000 Rent 52,400 Service department expenses $14,200 office $ 23,200 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. Req 1 Req 2 and 3 For the Ski department only, prepare a departmental income statement. Departmental Income Statement For Year Ended December 31 Ski Department Expenses 0 Total expenses 0 0
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