Vortex Company operates a retail store with two departments. Information about those departments follows. Department A $800,000 470,000 Department B $450,000 292,500 Sales Cost of goods sold Direct expenses: Salaries Insurance Utilities Depreciation Maintenance 118,000 10,500 20,000 17,500 6,900 82,000 11,000 29,500 12,500 5,200 The company also incurred the following indirect costs. Salaries Insurance Depreciation Office expenses $35,000 7,800 15,400 48,000 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 28,000 12,000 Number of employees 66 44 B 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. 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 0 0 Direct expenses Total direct expenses 0 0 Allocated indirect expenses 0 0 Total indirect expenses Operating income (loss) $ 0 $ 0 Required 1 Required 2 > 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 28,000 12,000 Number of employees 66 44 B 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? Should Department B be eliminated?