ent: Chapter 61 Saved Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $675,000 $450,000 $225,000 Variable expenses 405,000 315,000 90,000 Contribution margin 270,000 135,000 135,000 Traceable fixed expenses 150,000 75,000 75,000 Segment margin 120,000 $ 60,000 $ 60,000 Common fixed expenses 65,000 Net operating income $ 55,000 t int erences Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. (For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.) 1. Dollar sales for company to break-even $ 537,000 2. Dollar sales for North segment to break-even 3. Dollar sales for South segment to break-even $ 220,000 $ 110,000 Book Hint Print Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Required: Total Company $ 1,125,000 843,750 East 131,250 $750,000 West $375,000 600,000 243,750 281,250 150,000 160,000 62,000 98,000 121,250 $ 88,000 $ 33,250 50,000 $ 71,250 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. References 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. (Round Intermediate calculations to 2 decimal places) Dollar sales for the whole company Dollar sales for the East region Dollar sales for the West region Break-Even point Show less A Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income $ 1,125,000 843,750 $ 750,000 600,000 281,250 150,000 $375,000 243,750 131,250 160,000 62,000 98,000 121,250 $ 88,000 $ 33,250 50,000 $ 71,250 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 requ 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 com even points for each region? Complete this question by entering your answers in the tabs below. nces 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 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. Total Company East www West