words, can protauny 9-43 Responsibility Accounting, Profit Centers, allu Cu Bloomington Honda had the following data for the year's operations: Ution Approach $2,400,000 600,000 1,920,000 180,000 240,000 60,000 200,000 20,000 48,000 60,000 Sales of vehicles Sales of parts and service Cost of vehicle sales Parts and service materials Parts and service labor Parts and service overhead General dealership overhead Advertising of vehicles Sales commissions, vehicles batole l Sales salaries, vehicles The president of the dealership has long regarded the markup on material and labor for the bn service activity as the amount that is supposed to cover all parts and service overhead plus some oau eral overhead of the dealership. In other words, the parts and service department is viewed as a recovery operation, while the sales of vehicles is viewed as the income-producing activity. parts and I. Prepare a departmentalized operating statement that harmonizes with the views of the president 2. Prepare an alternative operating statement that would reflect a different view of the dealership operations. Assume that $24,000 and $120,000 of the $200,000 general overhead can be allocatd with confidence to the parts and service department and to sales of vehicles, respectively Te remaining $56,000 cannot be allocated except in some highly arbitrary manner 3. Comment on the relative merits of numbers 1 and 2