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Exercise 22-7 (Algo) Departmental contribution to overhead LO P3 Below are departmental income statements for...

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Accounting

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Exercise 22-7 (Algo) Departmental contribution to overhead LO P3 Below are departmental income statements for a guitar manufacturer. The company classifles advertising, rent, and utilities as indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. 1. Prepare a departmental contribution to overhead report. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. D.manara a danartmental contribution to overhead report

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