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Show a departmental contribution to overhead report

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Reference no: EM132923886

Question - Vansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted.

Sales $605,000

Cost of goods sold 440,000

Salaries 111,000 ($25,400 is indirect)

Utilities 15,200 ($5,600 is indirect)

Depreciation 53,000 ($17,100 is indirect)

Office expenses 26,200 (all indirect)

Required -

1. Show a departmental income statement for 2019.

2. Show a departmental contribution to overhead report for 2019. And Based on these two performance reports, should Vansen eliminate the ski department?

Reference no: EM132923886

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