Diaz Company is a retail store with two operating departments, Clothes and Shoes. Information follows. The company reports the following indirect expenses for the year. Additional information about the two departments follows. Required: 1. Allocate indirect expenses to the two operating departments. 2. Prepare departmental income statements. Complete this question by entering your answers in the tabs below. Allocate indirect expenses to the two operating departments. Complete this question by entering your answers in the tabs below. Prepare departmental income statements
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