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Petty Corporation has two divisions: Home Division and Commercial Division. The following report is for the most recent operating period: Sales Variable expenses Traceable fixed
Petty Corporation has two divisions: Home Division and Commercial Division. The following report is for the most recent operating period:
Sales
Variable expenses
Traceable fixed expenses
Common fixed expense
tabletableTotalCompanytableHomeDivisionCommercialDivision
The common fixed expenses have been allocated to the divisions based on sales.
Required:
a What is the Home Division's breakeven in sales dollars?
b What is the Commercial Division's breakeven in sales dollars?
c What is the company's overall breakeven in sales dollars?
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