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 formatsegmented income statement as shown:SalesVariable expensesContribution marginTraceable fixed expensesSegment marginCommon fixed expensesNet operating incomeTotal Company$ 825,000495,000330,000144,000186,00064,000$ 122,0001. Dollar sales for company to break-even2. Dollar sales for North segment to break-even3. Dollar sales for South segment to break-evenNorth$ 550,000385,000165,00072,000$ 93,000South$ 275,000110,000165,00072,000$ 93,000Required: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.)

Businesses use the breakeven point as a crucial tool to determine the minimal amount of activity…

Imont Company segments its business into two regions-North and South. The company prepared the c mented income statement as shown: les ■riable expenses ontribution margin aceable fixed expenses egment margin mmon fixed expenses et operating income Total Company $ 825,000 495,000 330,000 144,000 186,000 64,000 $ 122,000 $ North 550,000 385,000 165,000 72,000 $ 93,000 South $ 275,000 110,000 165,000 72,000 $ 93,000

Imont Company segments its business into two regions-North and South. The company prepared the c mented income statement as shown: les ■riable expenses ontribution margin aceable fixed expenses egment margin mmon fixed expenses et operating income Total Company $ 825,000 495,000 330,000 144,000 186,000 64,000 $ 122,000 $ North 550,000 385,000 165,000 72,000 $ 93,000 South $ 275,000 110,000 165,000 72,000 $ 93,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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