Crossfire Company segments its business into two regions-East and West. The company prepared the contribution format segmented income statement shown below: Total Company $ 1.020.000 765,000 Sales Variable expenses East $680,000 544,000 West $340.000 221.000 Contribution margin Traceable fixed expenses 255,000 156,000 136,000 58,000 119,000 : 98,000 Segment margin 99,000 $ 78,000 $ 21,000 Common fixed expenses 65,000 Net operating income $ 34,000 Required: 1. Compute the companywide break-even point in dollar sales. (Round Intermediate calculations to two decimal places.) Break-even point in dollar sales $ 884,000 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 $ 290,000 3. Compute the break-even point in dollar sales for the West region (Round Intermediate calculations to two decimal places.) Break-even point in dollar sales $ 280,000 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. (Round Intermediate calculations to two decimal places.) Total Company E ast West 000 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? Yes No