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EXERCISE 6-4 Basic Segmented Income Statement [L064] Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost information relating to
EXERCISE 6-4 Basic Segmented Income Statement [L064] Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $6.00 $7.50 Variable expenses per unit $2.40 Traceable fixed expenses per year $45,000 $21,000 $5.25 Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. Required: Required: Prepare a contribution format income statement segmented by product lines. EXERCISE 65 Companywide and Segment Break-Even Analysis (L06-5] Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement shown below: South Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin... Common fixed expenses Net operating income... Total Company North $600,000 $400,000 $200,000 360,000 280,000 80,000 240,000 120,000 120,000 120,000 60,000 60,000 120,000 $60,000 $60,000 50,000 $ 70,000 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
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