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 incomeSTotal Company$ 675,000405,000North$ 450,000South$225,000315,00090,000270,000132,000138,00058,000135,00066,000$ 69,000135,00066,000$ 69,000$ 80,000Required: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.)1. Dollar sales for company to break even2. Dollar sales for North segment to break even3. Dollar sales for South segment to break even< Prev1 of 4Next >

Explanation: To calculate Break even point in dollar sales, following formula is to be used:Break…

Answered: Piedmont Company segments its business…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 6PA: Using the information from BDS Enterprises, prepare the income statement to include all costs, but...

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Saved 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 Total Company $ 750,000 450,000 300,000 144,000 North $ 500,000 350,000 150,000 72,000 South $ 250,000 100,000 150,000 72,000 $ 78,000 Segment margin 156,000 2$ 78,000 Common fixed expenses 59,000 Net operating income $ 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. 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 2 of 4 Next > < Prev
Piedmont Company segments its business into two regions-North and South. The company prepared the contributi segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Total Company $ 800,000 560,000 North $ 600,000 480,000 120,000 South $ 200,000 80,000 240,000 126, 000 120,000 63,000 $ 57,000 63,000 $ 57,000 Segment margin Common fixed expenses 114,000 54,000 $ 60,000 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 doll nces 1. Dollar sales for company to break-even 2. Dollar sales for North segment to break-even 315.000 105.000 3. Dollar sales for South segment to break-even SSUS Type here to search 關
Data for January for Blondi Corporation and its two major business segments, North and South, appear below Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South In addition, common fixed expenses totaled $179.000 and were allocated as follows: $93,000 to the North business segment and $86.000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: Multiple Choice $7,000) $172,000 $351,000 $496,000 $660,000 $ 383,000 $ 79,000 s 510,000 $ 291,000 $ 66,000
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $ 675,000 North $ 450,000 South $ 225,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses 405,000 270,000 150,000 315,000 135,000 75,000 90,000 135,000 75,000 120,000 $ 60,000 $ 60,000 65,000 $ 55,000 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. Note: 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
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Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total North Company $ 937,500 637,500 300,000 South $ 750,000 600,000 150,000 73,000 $ 77,000 $ 187,500 37,500 150,000 Sales Variable expenses Contribution margin Traceable fixed expenses 146,000 73,000 Segment margin 154,000 $ 77,000 Common fixed expenses 64,000 Net operating income $ 90,000 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 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
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davuben
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 $ 937,500 637,500 300,000 142,000 158,000 62,000 $ 96,000 North $ 750,000 600,000 150,000 71,000 $ 79,000 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. South $ 187,500 37,500 150,000 71,000 $ 79,000
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 $ 1,156,250 786,250 370,000 156,000 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 $ 925,000 740,000 185,000 78,000 214,000 $ 107,000 68,000 $ 146,000 South $ 231,250 46,250 185,000 78,000 $ 107,000 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 dollar.
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 $ 812,500 552,500 260,000 134,000 126,000 54,000 $ 72,000 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 $ 650,000 520,000 130,000 67,000 $ 63,000 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. South $ 162,500 32,500 130,000 67,000 $ 63,000 Note: For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.

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