PLEASE HELP ME SOLVE THIS! THANK YOU

Pete 's Store Gross Margin Other Revenue Total Revenue Direct Expenses Salaries, Sale: Advertising Supplies Indirect Expenses Salaries, Othe Advertising auilding Rent PR Taxes Insurance Utilities Amortization 25 PART I Net Income 27 PART 2 Net Income Dept A 312,000 38,400 1,500 44 100 20,000 21500 S 7,017 Dept a 240,000 167,400 72,600 72 600 39 ooo 16,500 17 490 S 5,040 S (8,237) Dept C 160,000 100,600 59,400 23,000 1,200 1,240 360 25 800 13,500 510 14 010 S 10,793 S 540 Total S 800,000 S 580,000 S 220,000 220 ooo 96,000 7,200 4,340 1,360 S 108 goo 50,000 3,000 lg,ooo 5,840 1,800 3,360 3,250 u 250 22,850 22,303 Peter Profit is the owner and general manager of Pete's Store which has three departments, A, 3 and C. Part I: Sales and direct costs are accumulated bvdepartment but indirect costs are not. Pete has asked vou to make an income statement for the year showing the profitability of each department as well as for the total stora You have analyzed these direct costs and determined the best approach is to allocate the indirect costs as follows: I. Salaries, othergross profit margin Advertising direct advertising 3. auilding rent value of floor space; A 330% C.2C% Payroll taxes total direct and indirect salaries 5. Insurance value of equipment and inventory; 3345% C.36.8% Utilities floor space, equal 3333% each 7. Amortization value of equipment; 330% C.42% 8. Miscellaneous sales Allocate the indirect costs to each department and make a departmentalized income statement showing operating income for each of the three departments and total for Pete's Store. Allocation Breakdown: Allocation Amounts: 50.000 3.000 19.000 5.840 3.250 3.000 Advertising 19.000 Building Rent 5.840 Payroll Taxes 2.000 Miscella 100% salaries 2.000 100% Advertising 100% Building Rent 100% utilities Part 1 Part 2