Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: Total Company East West Sales $1,050,080 $ 780,000 $ 350,090 Variable expenses 787,509 569,000 227,900 Contribution margin 262,580 140,090 122,500 Traceable fixed expenses 152,060 61,080 91,00 Segment margin 110, 580 $ 79,080 80S'TE $ common fixed expenses 70.860 Net operating income $ 40,500 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. 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? Complete this question by entering your answers in the tabs below. Ring 1 to 3 Rag 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. ntermediate calculations to 2 decimal places) Show less a 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 Reg 4 Rog 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? Total Company East West 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 Reg 4 Reg 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? OYes ONo