Question: Chapter 9 Homework Seved H 10 Problem 9-4A Departmental contribution to income LO P3 5 points Vortex Company operates a retail store with two departments.

Chapter 9 Homework Seved H 10 Problem 9-4A Departmental contribution to income LO P3 5 points Vortex Company operates a retail store with two departments. Information about those departments follows. Department Departments Sales $800,000 5450,000 Cont of goods sold 497,000 291,000 Direct expenses Salaries 125,000 88,000 Insurance 20.000 10,000 Utilities 24.000 14,000 Depreciation 21,000 12,000 Maintenance 7.000 5,000 Spood alloon The company also incurred the following indirect costs. Salaries Insurance Depreciation ottice expenses $36,000 5,000 15,000 50.000 Indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage and office expenses on the basis of number of employees. Additional information about the departments follows Department Square footage amber of employees 20,000 11 12,000 50 75 Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department 8 Check VORTEX COMPANY Departmental Contribution Statements Department A Department B 0 0 Direct expenses Total direct expenses 0 0 Allocated indirect expenses Total Indirect expenses Operating income (los) 0 0$
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