Please do not give solution in image format thanku Company segments its business into two regions-North and South. The company prepared thecontribution format segmented income statement shown below:SalesVariable expensesContribution margin.Traceable fixed expensesSegment margin.....Common fixed expensesNet operating incomeTotalCompanyNorthSouth$600,000 $400,000 $200,000360,000 280,00080,000240,000 120,000 120,000120,00060,00060,000120,000$ 60,000$ 60,00050,000$ 70,000Required: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.

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

Pledmont Company segments its business into two regions-North and South. The company prepared contribution format segmented income statement shown below: Total Company North South Sales $600,000 $400,000 $200,000 Variable expenses 360,000 280,000 80,000 Contribution margin.. 240,000 120,000 120,000 Traceable fixed expenses 120,000 60,000 60,000 Segment margin. 120,000 $ 60,000 $ 60,000 Common fixed expenses 50,000 Net operating income $ 70,000 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.

Pledmont Company segments its business into two regions-North and South. The company prepared contribution format segmented income statement shown below: Total Company North South Sales $600,000 $400,000 $200,000 Variable expenses 360,000 280,000 80,000 Contribution margin.. 240,000 120,000 120,000 Traceable fixed expenses 120,000 60,000 60,000 Segment margin. 120,000 $ 60,000 $ 60,000 Common fixed expenses 50,000 Net operating income $ 70,000 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.

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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