Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 53

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

Prepare a (1) departmental income statement for 2015 and (2) departmental contribution to overhead report for 2015. (3) Based on these two performance reports, should Jansen eliminate the ski department