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Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses

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Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Required: Total Company $ 800,000 560,000 240,000 North $ 600,000 South $200,000 480,000 80,000 126,000 114,000 54,000 120,000 63,000 $ 57,000 120,000 63,000 $ 57,000 $ 60,000 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. 1. Dollar sales for company to break even 2 Dollar sales for North segment to break even 3. Dollar sales for South segment to break even $ 390,000 $292,500 $ 97,500 x

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