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Use the information below to prepare (a) departmental income statements and (b) the departmental contribution to overhead. Salaries are direct expenses, and all other expenses
Use the information below to prepare (a) departmental income statements and (b) the departmental contribution to overhead. Salaries are direct expenses, and all other expenses are indirect expenses. Sales Cost of goods sold Gross profit Salaries Expenses Rent Utilities Share of office expenses Share of purchasing expenses Food $ 121,600 72,400 Beverage $ 81,600 44,400 49,200 37,200 14,500 8,250 3,300 1,700 2,200 1,100 4,650 5,500 4,150 6,050 Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the departmental contribution to overhead. Departmental Contribution to Overhead Sales Salaries Gross profit Direct expenses Food Beverage $ 20,400 $ 14,600 14,500 x 8,250 5,900 6,350 Total direct expenses 0 0 Departmental contribution to overhead $ 5,900 $ 6,350 < Required A Required B >
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