Case $2$: Chapters $6$

Current Year$-$End Results

The Cunes Group has two divisions, one sells automobiles $($Auto$)$ and the other sells recreational vehicles $($RV$).$ The Auto sales are over double the RV sales, and the segment margin amount from each division is the same. The current year's revenue and expense information for Cunes Group is as follows:

Common fixed expenses for the Group total $\backslash$$$3,000,000.$

Required: For the current year, prepare a contribution format income statement segmented by division and for the total Group; and calculate the Break$-$Even for the total group.