Williams Co Required:
Prepare an Income Statement Showing the Departmental Contributions to Data

Williams Co. operates three separate departments (R, S, T). The data below is provided for the current year:
$\begin{array}{ll} \text {Total Sales }& \text {\( \$ 120,000(\$ 40,000 \) from each department)}\\ \text { Cost of Goods Sold } & 80,000(50 \% \text { from R; } 25 \% \text { from } \mathrm{S} ; 25 \% \text { from T) } \\ \text { Direct Expense. } & \$ 26,000(\$ 6,000 \text { from } R ; \$ 12,000 \text { from } S ; \$ 8,000 \text { from } T) \\\text { Indirect Expenses }& 9,000\end{array}$
Required:
Prepare an income statement showing the departmental contributions to overhead for the current year.