Question
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 $ 1,125,000 $ 900,000 $ 225,000 Variable expenses 765,000 720,000 45,000 Contribution margin 360,000 180,000 180,000 Traceable fixed expenses 154,000 77,000 77,000 Segment margin 206,000 $ 103,000 $ 103,000 Common fixed expenses 66,000 Net operating income $ 140,000 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.)
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