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Vortex Company operates a retail store with two departments. Information about those departments follows. Indirect costs are allocated as follows: salaries on the basis of
Vortex Company operates a retail store with two departments.
Information about those departments follows.
Indirect costs are allocated as follows: salaries on the basis
of sales; insurance and depreciation on the basis of square
footage; and office expenses on the basis of number of employees.
Additional information about the departments follows.
For each department, determine the departmental contribution to
overhead and the departmental net income.
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