Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format...

Transcribed Image Text:

Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin 6 Common fixed expenses Net operating income Total Company North $ 825,000 495,000 $ 550,000 South $ 275,000 330,000 156,000 174,000 69,000 385,000 165,000 78,000 $ 87,000 110,000 165,000 78,000 $ 87,000 $ 105,000 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. Note: 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: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin 6 Common fixed expenses Net operating income Total Company North $ 825,000 495,000 $ 550,000 South $ 275,000 330,000 156,000 174,000 69,000 385,000 165,000 78,000 $ 87,000 110,000 165,000 78,000 $ 87,000 $ 105,000 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. Note: 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