Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format...
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Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: South North $ 450,000 Sales $ 225,000 Total Company $ 675,000 405,000 270,000 315,000 90,000 Variable expenses Contribution margin 135,000 135,000 Traceable fixed expenses 150,000 75,000 75,000 Segment margin $ 60,000 $ 60,000 120,000 65,000 Common fixed expenses Net operating income $ 55,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. (For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.) 1. Dollar sales for company to break-even 2. Dollar sales for North segment to break-even 3. Dollar sales for South segment to break-even Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: South North $ 450,000 Sales $ 225,000 Total Company $ 675,000 405,000 270,000 315,000 90,000 Variable expenses Contribution margin 135,000 135,000 Traceable fixed expenses 150,000 75,000 75,000 Segment margin $ 60,000 $ 60,000 120,000 65,000 Common fixed expenses Net operating income $ 55,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. (For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.) 1. Dollar sales for company to break-even 2. Dollar sales for North segment to break-even 3. Dollar sales for South segment to break-even
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Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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