Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: 10 points Sales Total Company $ 900,000 East $ 600,000 West $ 300,000 eBook Hint Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses 675,000 480,000 195,000 225,000 120,000 141,000 50,000 105,000 91,000 84,000 $ 70,000 $ 14,000 59,000 Print Net operating income $ 25,000 Req 1 to 3 Req 4 Req 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. Note: 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 Req 1 to 3 Req 4 Req 5 Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. What is Crossfire's net operating income (loss) in your new segmented income statement? Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating loss Req 1 to 3 Req 4 Req 5 Total Company East West 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? Do you think that Crossfire should allocate its common fixed expenses to the East and West regions