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The Ski department reports sales of $615,000 and cost of goods sold of $430,500. Its expenses follow. Direct expenses Indirect expenses Salaries Depreciation $
The Ski department reports sales of $615,000 and cost of goods sold of $430,500. Its expenses follow. Direct expenses Indirect expenses Salaries Depreciation $ 115,000 Rent 55,000 $ 17,500 Service department expenses Office $ 21,200 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 Skl 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 < Req 1 Req 2 and 3 >
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