Jansen Company reports the following for its Ski department for the year 2019. All of its costs

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Jansen Company reports the following for its Ski department for the year 2019. All of its costs are direct, except as noted.

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) .....

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?

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Fundamental Accounting Principles

ISBN: 978-1259916960

24th edition

Authors: John J Wild, Ken Shaw

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Question Posted: Jul 12, 2019 09:08 AM

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Jansen Company reports the following for its Ski department for the year 2019. All of its costs

Question:

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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Fundamental Accounting Principles

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