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Vortex Company operates a retail store with two departments. Information about those departments follows. Department A Department B 464,400 $ $825,600 415,000 301,860 Sales Cost
Vortex Company operates a retail store with two departments. Information about those departments follows. Department A Department B 464,400 $ $825,600 415,000 301,860 Sales Cost of goods sold Direct expenses Salaries Insurance Utilities Depreciation Maintenance 116,000 14,000 24,000 20,000 6,500 82,000 10,600 26,000 13,500 5,500 The company also incurred the following indirect costs. Salaries Insurance Depreciation Office expenses $34,000 7,400 14,800 43,000 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. Number of employees Department A B Square footage 29,400 12,600 70 30 Required: Determine the departmental contribution to overhead and the departmental net 1. Income for department A and Department B. (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) VORTEX COMPANY Departmental Contribution Statements Department A Dopartment B 0 Direct expenses Total direct expenses 0 0 Allocated indirect expenses 0 0 Total indirect expenses Operating income (loss) $ 0 $ 0
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