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3 years ago

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

Business

1 answer:

zhuklara [117]3 years ago

4 0

Answer:

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales 610,000

Less : Cost of goods sold 435,000

Gross profit 175,000

Less; Expenses

Salaries 113,000

Utilities 15,600

Depreciation 54,400

Office expenses 29,600 212,600

Operating loss $37,600

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales 610,000

Less : Cost of goods sold 435,000

Gross profit 175,000

Less; Direct Expenses

Salaries 88,000 (113,000 - 25,000)

Utilities 9,900 (15,600 - 5,700)

Depreciation 37,000 (54,400 - 17,400)

Total Direct Expenses 134,900

Contribution to overhead $40,100

They should not eliminate the Ski Department because it would contribute $40,100 to overhead.

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