SavedPiedmont Company segments its business into two regions-North and South. The company prepared the contribution formatsegmented income statement as shown:SalesVariable expensesContribution marginTraceable fixed expensesTotalCompany$ 750,000450,000300,000144,000North$ 500,000350,000150,00072,000South$ 250,000100,000150,00072,000$ 78,000Segment margin156,0002$78,000Common fixed expenses59,000Net operating income$ 97,000Required: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.)1Dollar sales for company to break-even2. Dollar sales for North segment to break-even3.Dollar sales for South segment to break-even2 of 4Next >< Prev

The break even pint states to the amount of the revenue which is required for covering the aggregate…

Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $ 750,000 450,000 300,000 144,000 North $ 500,000 350,000 150,000 72,000 $ 78,000 South Sales Variable expenses $ 250,000 100, 000 150,000 72,000 $ 78,000 Contribution margin Traceable fixed expenses Segment margin 156,000 Common fixed expenses 59,000 Net operating income 24 97,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region.

Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $ 750,000 450,000 300,000 144,000 North $ 500,000 350,000 150,000 72,000 $ 78,000 South Sales Variable expenses $ 250,000 100, 000 150,000 72,000 $ 78,000 Contribution margin Traceable fixed expenses Segment margin 156,000 Common fixed expenses 59,000 Net operating income 24 97,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region.

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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