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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 | $ 937,500 | $ 750,000 | $ 187,500 |
Variable expenses | 637,500 | 600,000 | 37,500 |
Contribution margin | 300,000 | 150,000 | 150,000 |
Traceable fixed expenses | 152,000 | 76,000 | 76,000 |
Segment margin | 148,000 | $ 74,000 | $ 74,000 |
Common fixed expenses | 64,000 | ||
Net operating income | $ 84,000 |
Required:
Compute the companywide break-even point in dollar sales.
Compute the break-even point in dollar sales for the North region.
Compute the break-even point in dollar sales for the South region.
Note: For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.
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