Dinesh bhai Exercise 6-5 (Algo) Companywide and Segment Break-Even Analysis [LO6-5]Piedmont Company segments its business into two regions-North and South. The company prepared the contribution formatsegmented Income statement as shown:Total Company$ 825,000495,000330,000North$ 550,000385,000South$ 275,000110,000165,00078,000165,00078,000SalesVariable expensesContribution marginTraceable fixed expensesSegment marginCommon fixed expensesNet operating incomeRequired:156,000174,00069,000$ 87,000$ 87,000$ 105,0001. 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 even2. Dollar sales for North segment to break even3. Dollar sales for South segment to break even

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Exercise 6-5 (Algo) Companywide and Segment Break-Even Analysis [LO6-5] Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented Income statement as shown: Total Company $ 825,000 495,000 330,000 South North 156,000 174,000 69,000 $ 550,000 385,000 165,000 78,000 $ 87,000 $ 275,000 110,000 165,000 78,000 $ 87,000 $ 105,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income 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

Exercise 6-5 (Algo) Companywide and Segment Break-Even Analysis [LO6-5] Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented Income statement as shown: Total Company $ 825,000 495,000 330,000 South North 156,000 174,000 69,000 $ 550,000 385,000 165,000 78,000 $ 87,000 $ 275,000 110,000 165,000 78,000 $ 87,000 $ 105,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income 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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Subject :-Accounting
Exercise 7-5 (Algo) Companywide and Segment 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 $ 825,000 495,000 330,000 144,000 186,000 64,000 $ 122,000 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 North $ 550,000 385,000 165,000 72,000 $ 93,000 South $ 275,000 110,000 165,000 72,000 $ 93,000 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…
Alpesh
Exercise 7-5 (Algo) Companywide and Segment 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 $ 800,000 560,000 240,000 122,000 118,000 52,000 $ 66,000 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 North $ 600,000 480,000 120,000 61,000 $ 59,000 < Prev 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.) South $ 200,000 ‒‒‒ 2 of 2 www ‒‒‒…
EXERCISE 4-5 Companywide and Segment Break-Even Analysis L04-50 oldahBY S-A321onaxa Piedmont Company segments its business into two regions-North and South. The company pre- pared the contribution format segmented income statement as shown below: kruigmoo c Sales Variable expenses.. Contribution margin Traceable fixed expenses Segment margin Common fixed expenses. Net operating income... Total Company $600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 Required: 2. 1. Compute the companywide break-even point in dollar sales. Compute the break-even point in dollar sales for the North region. Compute the break-even point in dollar sales for the South region. 3. North South $400,000 $200,000 280,000 80,000 120,000 120,000 60,000 60,000 $ 60,000 $ 60,000 6MF
7hw-3
Exercise 6-7 (Algo) Segmented Income Statement [LO6-4] Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $600,000, 30%, and $12,000, respectively. The North Division's contribution margin and contribution margin ratio are $68,000 and 34%, respectively. The South Division's segment margin is $40,000. The company has $60,000 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).) Total Company Amount Amount North % Divisions Amount South %
Dinesh bhai
Vikaram Bhai
Exercise 7-7 (Algo) Segmented Income Statement [LO7-4] Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $960,000, 34%, and $19,200, respectively. The North Division's contribution margin and contribution margin ratio are $121,600 and 38%, respectively. The South Division's segment margin is $140,800. The company has $211,200 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).) Total Company North Division South Division Amount % Amount % Amount %
Vipul k Don't upload any image
Please do not give solution in image format thanku