Vaughn co operates three separate departments a b c the

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Reference no: EM13605994

Vaughn Co. operates three separate departments (A, B, C). The data below is provided for the current year:

Total Sales $120,000 ($40,000 from each department)
Cost of Goods Sold $ 80,000 ( 50% from A; 25% from B; 25% from C)
Direct Expense 26,000 ($6,000 from A; $12,000 from B; $8,000 from C)
Indirect Expenses 9,000

Prepare an income statement showing the departmental contributions to overhead for the current year.

Reference no: EM13605994

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