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Crossfire Company segments its business into two regionsEast and West. The company prepared the contribution format segmented income statement shown below: Crossfire Company segments its
Crossfire Company segments its business into two regionsEast and West. The company prepared the contribution format segmented income statement shown below:
Crossfire Company segments its business into two regions-East and West. The company prepared the contribution format segmented income statement shown below Total Company 960,000 672,000 East West 320,000 192,000 Sales 640,000 480,000 160,000 Variable expenses Contribution margin Traceable fixed expenses Segment margin 288,000 128,000 89,000 69.000 158,000 30,000 S 39,000 91,000 Common fixed expenses 70,000 Net operating income 60,000 Required: 1. Compute the companywide break-even point in dollar sales. (Round intermediate calculations to two decimal places.) Break-even point in dollar sales 2. Compute the break-even point in dollar sales for the East region. (Round intermediate calculations to two decimal places.) Break-even point in dollar sales 3. Compute the break-even point in dollar saless for the West region. (Round intermediate calculations to two decimal places.) Break-even point in dollar sales 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. Total East West Company 0 0 0 0 $ 0Step by Step Solution
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