K Park Company has requested that you (1) assign indirect expenses to its jewelry and shoes...

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K Park Company has requested that you (1) assign indirect expenses to its jewelry and shoes departments as appropriate and (2) prepare an income statement for September 201X showing departmental contribution margins along with net income. Assume a 25% tax rate (Click the icon to view the additional data) 1. Prepare a departmental expense allocation sheet for Park. (If a box is not used in the table, leave the box empty; do not enter a zero. Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar) A. Salaries Expense B. Depreciation Expense C. Advertising Expense D. Administrative Expense E. Rent Expense Park Company Departmental Expen Jewelry Data table Direct Indirect Jewelry (30,000 square feet) Shoes (10,000 square feet) Indirect Cost Net Sales $ 278,000 S 222,000 Cost of Goods Sold 119,500 20.196 Salaries Expense 3,300 2,000 5 9,000 Depreciation Expense 24,000 21.200 Advertising Expense 040 2.2001 19,500 Administrative Expense 33,500 Rent Expense 11.000 Salaries are based on net sales. All other indirect expenses are based on square footage x K Park Company has requested that you (1) assign indirect expenses to its jewelry and shoes departments as appropriate and (2) prepare an income statement for September 201X showing departmental contribution margins along with net income. Assume a 25% tax rate (Click the icon to view the additional data) 1. Prepare a departmental expense allocation sheet for Park. (If a box is not used in the table, leave the box empty; do not enter a zero. Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar) A. Salaries Expense B. Depreciation Expense C. Advertising Expense D. Administrative Expense E. Rent Expense Park Company Departmental Expen Jewelry Data table Direct Indirect Jewelry (30,000 square feet) Shoes (10,000 square feet) Indirect Cost Net Sales $ 278,000 S 222,000 Cost of Goods Sold 119,500 20.196 Salaries Expense 3,300 2,000 5 9,000 Depreciation Expense 24,000 21.200 Advertising Expense 040 2.2001 19,500 Administrative Expense 33,500 Rent Expense 11.000 Salaries are based on net sales. All other indirect expenses are based on square footage x