Pront Center Responsibility Reporting Championship Sports Inc: operates two divisions-the Winter Sports Division and the...

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Pront Center Responsibility Reporting Championship Sports Inc: operates two divisions-the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31,20y9, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and pested: The bases to be used in aliocating expenses, together with other information, are as follows: a. Advertising expense-incurred at headquarters, allocated to divisions on the basis of usage: Winter Sports Division, \$467,000; 54mm, $ ports Division, 1528,000 . b. Trenportation expense-allocated to divisions at a rate of $12 per bill of lading: Winter 5 ports Division, 14,900 bilts of lading: 5 ummer Sports Division, 16,400 bais of lading. c. Accounts receivable collection expense-incured at headquarters, allocated to divisions at a rate of 18 per invoicer Winter 5 ports Division, 13,900, sales involces; Summer 5 ports Division, 16,300 sales invoices. d. Warehouse expense-allocated to divisions on the basis of floor space used in storing divition products: Winter Sports 0ivision, 180,000 square feet; Summer Sports Division, 220,000 square feet. Prepare a divisional income statement with two column headings: Winter Sports Division and 5 ummer Sports Division. Do not round your interim calculations. Provide supporting schedules for determining support department allocations. If required, round per unit amounts the nearest dollar

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