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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: Please help with 1!
Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown:
Please help with 1!
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $525,000 315,000 210,000 North South 350,000 175,000 70,000 105,000 63,00063,000 42,000 Sales Variable expenses Contribution margin Traceable fixed expenses 126,000 Segment margin Common fixed expenses Net operating income 245,000 105,000 84,000 42,000 52,000 $ 32,000 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.) Answer is complete but not entirely correct. $315,000 $210,000 $105,000 Dollar sales for company to break-even Dollar sales for North segment to break-even Dollar sales for South segment to break-even 2Step by Step Solution
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