Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sales $ 605,000 Cost of goods sold 430,000 Salaries 112,000 ($25,600 is...


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


















































Sales$605,000
Cost of goods sold430,000
Salaries112,000($25,600 is indirect)
Utilities17,200($5,100 is indirect)
Depreciation45,000($17,100 is indirect)
Office expenses22,800(all indirect)



1. Prepare a departmental income statement for 2019.

2. & 3. Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department?


Prepare a departmental income statement for 2019.<br>JANSEN COMPANY<br>Departmental Income Statement–Ski Department<br>For Year Ended December 31, 2019<br>Ski Dept<br>Operating expenses<br>Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen<br>eliminate the ski department?<br>JANSEN COMPANY<br>Departmental Contribution to Overhead-Ski Department<br>For Year Ended December 31, 2019<br>Ski Dept<br>Contribution to overhead<br>Should Jansen eliminate the ski department?<br>

Extracted text: Prepare a departmental income statement for 2019. JANSEN COMPANY Departmental Income Statement–Ski Department For Year Ended December 31, 2019 Ski Dept Operating expenses Prepare a departmental contribution to overhead report for 2019. Based on these two performance reports, should Jansen eliminate the ski department? JANSEN COMPANY Departmental Contribution to Overhead-Ski Department For Year Ended December 31, 2019 Ski Dept Contribution to overhead Should Jansen eliminate the ski department?

Jun 11, 2022
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