Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. For...

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Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. For Year Ended December 31 Sales Cost of goods sold Direct expenses: Mages Supplies used Depreciation Clothes $ 819,000 Shoes $ 441,000 460,000 286,650 121,000 86,000 15,000 18,180 17,500 13,588 The company reports the following Indirect expenses for the year. Indirect Expense utilities Supervisor salaries Amount $7,488 35,888 Allocation Base Square feet of space occupied Number of employees in department Additional Information about the two departments follows. Department Clothes Shoes Square Footage 30,000 20,000 Number of Employees 72 48 Required: 1. Allocate Indirect expenses to the two operating departments. 2. Prepare departmental Income statements. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate indirect expenses to the two operating departments. Allocation of $7,400 of uities expense Department Clothes Shoes Total Square Footage Percent of Total Cost Allocated Allocation of $35,000 of supervisor salaries expense Clothes Shoes Total Employees 0% $ Percent of Total Cost Allocated 0% $ Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. For Year Ended December 31 Sales Cost of goods sold Direct expenses: Mages Supplies used Depreciation Clothes $ 819,000 Shoes $ 441,000 460,000 286,650 121,000 86,000 15,000 18,180 17,500 13,588 The company reports the following Indirect expenses for the year. Indirect Expense utilities Supervisor salaries Amount $7,488 35,888 Allocation Base Square feet of space occupied Number of employees in department Additional Information about the two departments follows. Department Clothes Shoes Square Footage 30,000 20,000 Number of Employees 72 48 Required: 1. Allocate Indirect expenses to the two operating departments. 2. Prepare departmental Income statements. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate indirect expenses to the two operating departments. Allocation of $7,400 of uities expense Department Clothes Shoes Total Square Footage Percent of Total Cost Allocated Allocation of $35,000 of supervisor salaries expense Clothes Shoes Total Employees 0% $ Percent of Total Cost Allocated 0% $