Jansen Company reports the following for its Ski department for the year 2019. All of its costs
Question:
Jansen Company reports the following for its Ski department for the year 2019. All of its costs are direct, except as noted.
Prepare a
(1) Departmental income statement for 2019
(2) Departmental contribution to overhead report for 2019.
(3) Based on these two performance reports, should Jansen eliminate the Ski department?
Transcribed Image Text:
Sales ... $605,000 Utilities . $14,000 ($3,000 is indirect) Cost of goods sold . 425,000 Depreciation.. 42,000 ($10,000 is indirect) Salaries . 112,000 ($15,000 is indirect) Office expenses 20,000 (all indirect) .....
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