Question: Check my work Vortex Company operates a retail store with two departments. Information about those departments follows. Department A $806,400 455,000 Department B $453,600 294,840
Check my work Vortex Company operates a retail store with two departments. Information about those departments follows. Department A $806,400 455,000 Department B $453,600 294,840 Sales Cost of goods sold Direct expenses Salaries Insurance Utilities Depreciation Maintenance 122,000 10,500 22,500 20.000 6,500 86,000 10,300 30,000 13,000 5,900 The company also incurred the following indirect costs. Salaries Insurance Depreciation Office expenses $26,000 6,400 15, 200 47,000 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 381 Number of employees Square footage 29,400 12,600 66 Required: 1. Determine the departmental contribution to overhead and the departmental net income for department A and Department B. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar.) 118 d Prev 1 of 1 : Next >
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