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Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown: Total Company North South
Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown:
Total Company | North | South | |
---|---|---|---|
Sales | $ 812,500 | $ 650,000 | $ 162,500 |
Variable expenses | 552,500 | 520,000 | 32,500 |
Contribution margin | 260,000 | 130,000 | 130,000 |
Traceable fixed expenses | 134,000 | 67,000 | 67,000 |
Segment margin | 126,000 | $ 63,000 | $ 63,000 |
Common fixed expenses | 54,000 | ||
Net operating income | $ 72,000 |
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.
(For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.)
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: 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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