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XSport Sporting Goods Co. operates two divisions--the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the

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XSport Sporting Goods Co. operates two divisions--the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 2019, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted Sales-Winter Sports Division $22,785,000 Sales-Summer Sports Division 25,172,000 Cost of Goods Sold-Winter Sports Division 13,671,000 Cost of Goods Sold-Summer Sports Division 14,539,000 Sales Expense-Winter Sports Division 3,906,000 Sales Expense-Summer Sports Division 3,472,000 Administrative Expense-Winter Sports Division 2,278,500 Administrative Expense-Summer Sports Division 2,235,100 Advertising Expense 1,067,000 Transportation Expense 374,400 Accounts Receivable Collection Expense 248,400 Warehouse Expense 2,170,000 The bases to be used in allocating expenses, together with other essential information, are as follows: a. Advertising expense-incurred at headquarters, charged back to divisions on the basis of usage: Winter Sports Division, $501,000; Summer Sports Division, $566,000 b. Transportation expense-charged back to divisions at a charge rate of $13 per bill of lading: Winter Sports Division, 13,700 bills of lading: Summer Sports Division, 15,100 bills of lading Accounts receivable collection expense-incurred at headquarters, charged back to divisions at a charge rate of $9 per involce: Winter Sports Division, 12,700 sales invoices; Summer Sports Division, 14,900 sales invoices d. Warehouse expense-charged back to divisions on the basis of floor space used in storing division products: Winter Sports Division, 120,000 square feet; Summer Sports Division, 160,000 square feet. Prepare a divisional income statement with two column headings: Winter Sports Division and Summer Sports Division. Do not round your interim calculations XSport Sportlng Good Ca. Divisional Income Statements For the Year Ended December 31, 2019 Winter Sports Division Summer Sports Division Sales Cost of goods sold Gross profit Divisional selling and administrative expenses: Divisional selling expenses Divisional administrative expenses Total divisional selling and administrative expenses Income from operations before service department charges Service department charges: Advertising expense Transportation expense Accounts receivable collection expense bin) dini doi 000 db Quod Warehouse expense Total service department charges Income from operations Provide supporting schedules for determining service department charges. If required, round per unit amounts to two decimal places and final answers to the nearest dollar xSport Sporting Goods Co, Service Department Charges For the Year Ended December 31, 2049 Winter Sports Division Summer Sports Division Total Advertising expense Transportation rate per bill of lading Number of bill of lading Transportation expanse Accounts receivable collection rate Number of sales invoices Accounts receivable collection expense Warehouse rate per sq ft Number of square feet Warehouse expense

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