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The Ski department reports sales of $625,000 and cost of goods sold of $437,500. Its expenses follow. Direct expenses Indirect expenses Service department expenses
The Ski department reports sales of $625,000 and cost of goods sold of $437,500. Its expenses follow. Direct expenses Indirect expenses Service department expenses Salaries Depreciation $ 118,000 53,800 Rent $ 17,500 Office $ 22,600 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 Expenses Total expenses Ski Department Req 1 Req 2 and 3 >
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