Vortex Company operates a retail store with two departments. Information about those departments follows. Department a $845,000 405,000 Department B $455,000 295,750 Sales Cost of goods sold Direct expenses Salaries Insurance Utilities Depreciation Maintenance 110,000 17.000 20.500 18.500 6,500 81,000 10,100 26,000 13,000 5,600 The company also incurred the following Indirect costs. Salaries Insurance Depreciation office expenses $34,000 7.400 14,200 40,000 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. Department Square footage 28,700 12,300 Number of employees 66 44 Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department B. 2. Should Department B be eliminated? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the departmental contribution to overhead and the departmental net income for department A and Department B. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) VORTEX COMPANY Departmental Contribution Statements 2. Should Department B be eliminated? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the departmental contribution to overhead and the departmental net income for department A and Department B. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) VORTEX COMPANY Departmental Contribution Statements Department A Department B es Direct expenses Total direct expenses Allocated indirect expenses Total indirect expensed Operating income (loss) Roqu Required 2 > 3 The company also incurred the following indirect costs. 50 points Salaries Insurance Depreciation ottice expenses 534,000 7.400 14,200 40,000 eBook 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. Department Square footage Number of employees 28,700 66 12,300 44 References Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department B. 2. Should Department B be eliminated? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Should Department B be eliminated? ATAT Should Department be eliminated?