Calculate the contribution margin for each department and income before taxes, based on the following (Click the icon to view the data) Complete the following income statement to calculate the contribution margin and income before taxes Dept. A Dept. B Total Net Sales Cost of Goods Sold Gross Proft on Sales Direct Departmental Expenses Sales Salaries Advertising Expense Total Direct Departmental Expenses Contribution Margin Indirect Departmental Expenses Rent Expense Total indirect Expernes Income Before Ta Data table Dept. A 1.800 square feet 6.200 1,000 $1,100 (40% directly related to Dept A and 60% related to Deel 6) $550 for both departments combined Rent Expense Advertising Expense $1.000 (5800 directly related to Dept. A and $500 related to Dept. 0) Net Sales Cost of Goods Sold Sales Salaries 1 Dept. B 3,000 square feet 11,900 5,700 X

Calculate the contribution margin for each department and income before taxes, based on the following (Click the icon to view the data) Complete the following income statement to calculate the contribution margin and income before taxes Dept. A Dept. B Total Net Sales Cost of Goods Sold Gross Proft on Sales Direct Departmental Expenses Sales Salaries Advertising Expense Total Direct Departmental Expenses Contribution Margin Indirect Departmental Expenses Rent Expense Total indirect Expernes Income Before Ta Data table Dept. A 1.800 square feet 6.200 1,000 $1,100 (40% directly related to Dept A and 60% related to Deel 6) $550 for both departments combined Rent Expense Advertising Expense $1.000 (5800 directly related to Dept. A and $500 related to Dept. 0) Net Sales Cost of Goods Sold Sales Salaries 1 Dept. B 3,000 square feet 11,900 5,700 X

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter25: Departmental Accounting

Section: Chapter Questions

Problem 6SEB

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Question

Please do not give solution in image format ?

KE
Calculate the contribution margin for each department and income before taxes, based on the following
(Click the icon to view the data)
Complete the following income statement to calculate the contribution margin and income before taxes
Dept. A
Dept. B
Total
Net Sales
Cost of Goods Sold
Gross Profit on Sales
Direct Departmental Expenses
Sales Salaries
Advertising Expense
Total Direct Departmental Expenses
Contribution Margin
Indirect Departmental Expenses
Rent Expense
Total Indirect Expernes
Income Before Taxes
Data table
Dept. A
1.800 square feet
6.200
1,000
$1,100 (40% directly related to Dept A
and 60% related to Dept. 8)
$550 for both departments combined
Advertising Expense $1.300 ($800 directly related to Dept. A
Rent Expense
and $500 related to Dept. 0)
Net Sales
Cost of Goods Sold
Sales Salaries
S
Print
Done
1
Dept. B
3,000 square feet
11,900
5,700

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