7-15 Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period:TotalSouthernNorthernDivisionDivisionCompany2$2$$ 126,8002$2$Sales$154,400112,600267,0002$Variable expensesTraceable fixed expensesCommon fixed expense57,128$90,90833,7802455,6002471, 2002453,4002430,88022,520The common fixed expenses have been allocated to the divisions on the basis of sales.The Northern Division's break-even sales is closest to: (Round your intermediate calculations to 2 decimal places.)Multiple Choice$101,714$128,152 The common fixed expenses have been allocated to the divisions on the basis of sales.The Northern Division's break-even sales is closest to: (Round your intermediate calculations to 2 decimal places.)Multiple Choice$101,714$128,152$137,270$173,016

Answered: The Northern Division's break-eve…

Business

Accounting

The Northern Division's break-eve Multiple Choice

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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Question

7-15

Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period:
Total
Southern
Northern
Division
Division
Company
2$
2$
$ 126,800
2$
2$
Sales
$
154,400
112,600
267,000
2$
Variable expenses
Traceable fixed expenses
Common fixed expense
57,128
$
90,908
33,780
24
55,600
24
71, 200
24
53,400
24
30,880
22,520
The common fixed expenses have been allocated to the divisions on the basis of sales.
The Northern Division's break-even sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$101,714
$128,152

The common fixed expenses have been allocated to the divisions on the basis of sales.
The Northern Division's break-even sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$101,714
$128,152
$137,270
$173,016

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