Tuesday, 6 February 2018

Jansen Company reports the following for its ski department for the year 2015. All of its costs are direct, except as noted


Jansen Company reports the following for its ski department for the year 2015. All of its costs are direct, except as noted. Sales $ 600,000 Cost of goods sold 435,000 Salaries 114,000 ($25,200 is indirect) Utilities 14,400 ($5,100 is indirect) Depreciation 51,600 ($17,100 is indirect) Office expenses 25,400 (all indirect) 1. Prepare a departmental income statement for 2015. 2. Prepare a departmental contribution to overhead report for 2015.

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