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Prepare a departmental income statement

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Reference no: EM131077389

Jansen Company reports the following for its ski department for the year 2015. All of its costs ae direct, except as noted.

Sales

$ 605.000

Cost of goods sold

425

Salaries

112

(515.000 is indirect)

Utilities

14

(53.000 is indirect)

Depreciation

42

(510.000 is indirect)

Office expenses

20

 (all indirect)

1. Prepare a departmental income statement for 2015.

2. Prepare a departmental contribution to overhead report for 2015.

3. Based on these two performance reports. should Jansen eliminate the ski department?

Reference no: EM131077389

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