Check my work Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: 20 points Skipped Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 945,000 756,000 189,000 115.000 74,000 62,000 $ 12,000 East $ 630,000 529,200 100,800 52,000 $ 48,800 West $ 315,000 226,800 88,200 63,000 $ 25, 200 eBook Hint Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. Use the same format as shown above. What is Crossfire's net operating income (loss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break-even points for each region? Print Complete this question by entering your answers in the tabs below. References Req 1 to 3 Reg 4 Reg 5 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. (Round intermediate calculations to 2 decimal places) Break-Even point Dollar sales for the whole company Dollar sales for the East region Dollar sales for the West region Reg 1 to 3 Req 4 > 99 Check my work Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: 20 points Skipped Variable costs per unitt Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses $320.000 $ 90,000 eBook During its first year of operations, Walsh produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50,000 units. The selling price of the company's product is $59 per unit. Required: 1. Assume the company uses variable costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2. 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1. Print References Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2A Req 2B Reg 3 Assume the company uses variable costing. Compute the unit product cost for year 1 and year 2. Year 1 Year 2 Unit product cost Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: points Variable costs per unit: Manufacturing! Direct materials Direct labor Variable manufacturing overhead $ 1 Variable selling and administrative Fixed costs per year! Fixed manufacturing overhead $ 324,000 Fixed selling and administrative $234,000 During the year, the company produced 27,000 units and sold 23,000 units. The selling price of the company's product Is $42 per unit. Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing a. Compute the unit product cost. b. Prepare an income statement for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Req1A Req 1B Reg 2A Req 2B Prepare an income statement for the year. Assume that the company uses variable costing Lynch Company Variable Costing Income Statement Sales Variable expenses: S 0 99 Check my work Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: 20 points Skipped Variable costs per unitt Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expenses $320.000 $ 90,000 eBook During its first year of operations, Walsh produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50,000 units. The selling price of the company's product is $59 per unit. Required: 1. Assume the company uses variable costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2. 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1. Print References Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2A Req 2B Reg 3 Assume the company uses variable costing. Compute the unit product cost for year 1 and year 2. Year 1 Year 2 Unit product cost Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: points Variable costs per unit: Manufacturing! Direct materials Direct labor Variable manufacturing overhead $ 1 Variable selling and administrative Fixed costs per year! Fixed manufacturing overhead $ 324,000 Fixed selling and administrative $234,000 During the year, the company produced 27,000 units and sold 23,000 units. The selling price of the company's product Is $42 per unit. Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing a. Compute the unit product cost. b. Prepare an income statement for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Req1A Req 1B Reg 2A Req 2B Prepare an income statement for the year. Assume that the company uses variable costing Lynch Company Variable Costing Income Statement Sales Variable expenses: S 0