Question: PLEASE ANSWER BOTH !! Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30

Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30 Sales $ 850,000 Variable expenses 308,000 Contribution margin 542,000 Fixed expenses 490,000 Net operating income $ 52,000 Management is disappointed with the company's performance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following: a. The company is divided into two sales territories - Northern and Southern The Northern Territory recorded $400,000 in sales and $200,000 in variable expenses during June; the remaining sales and variable expenses were recorded in the Southern Territory. Fixed expenses of $152,000 and $126,000 are traceable to the Northern and Southern Territories, respectively. The rest of the fixed expenses are common to the two territories b. The company is the exclusive distributor for two products-Paks and Tibs. Sales of Paks and Tibs totaled $180,000 and $220,000, respectively, in the Northern territory durin Variable expenses are 28% of the selling price for Paks and 68% for Tibs records show that $86,400 of the Northern ory's fixed expenses are traceable to Paks and $46,200 to Tibs, with the rider common to the two products, Required: 1-a. Prepare contribution format segmented income statements for the total company broken down between sales territories. 1.6. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. Complete this question by entering your answers in the tabs below. Break-Even Analysis (LO7-5) 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 Common fixed expenses Net operating income Total Company $ 675,000 405,000 270,000 150.000 120.000 65,000 $ 55.000 North $ 450,000 315,000 135,000 75,000 $ 60,000 South $ 225,000 90,000 135,000 25,000 $ 60,000 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 decim 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. Dolar sales for South segment to break-even
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