Please do not give solution in image format thanku Parcel CorporationSegment Income StatementSalesVariable expensesContribution marginTraceable fixed expensesDivision segment marginCommon fixed expensesNet operating income$360,000Ⓒ$440,000Knowledge Check 01What is the break-even point for the American Division?O $600,000$1,210,549Total Company Division$1,520,000 $720,000288,000448,0001,072,000712,000360,000141,800$ 218, 200American InternationalDivision$ 800,000160,000640,000352,000$ 288,000432,000360,000$ 72,000 Knowledge Check 02What is the break-even point for the International Division?$352,000$440,000$600,000$1,210,549Knowledge Check 01Which of the following is a common mistake made by companies when assigning costs to segments?They use allocation bases that drive the costs when assigning costs to segments.They trace fixed expenses to segments when it is feasible to do so.They assign the costs of the corporate headquarters buildings to segments because the segments must cover those costs.They include "upstream" and "downstream" costs when preparing profitability analyses that relate to individual product costs.

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Parcel Corporation Segment Income Statement Sales Variable expenses Contribution margin Traceable fixed expenses Division segment margin Common fixed expenses Net operating income $360,000 Ⓒ$440,000 Knowledge Check 01 What is the break-even point for the American Division? Ⓒ$600,000 $1,210,549 Total Company Division $1,520,000 $720,000 288,000 448,000 1,072,000 712,000 American International Division $ 800,000 160,000 640,000 352,000 $ 288,000 432,000 360,000 360,000 $ 72,000 141,800 $ 218,200

Parcel Corporation Segment Income Statement Sales Variable expenses Contribution margin Traceable fixed expenses Division segment margin Common fixed expenses Net operating income $360,000 Ⓒ$440,000 Knowledge Check 01 What is the break-even point for the American Division? Ⓒ$600,000 $1,210,549 Total Company Division $1,520,000 $720,000 288,000 448,000 1,072,000 712,000 American International Division $ 800,000 160,000 640,000 352,000 $ 288,000 432,000 360,000 360,000 $ 72,000 141,800 $ 218,200

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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