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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

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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 Total Company $ 975,000 585,000 399,000 162,880 228,000 70,000 $ 158,000 North $ 650,000 455,000 195,000 81,690 $ 114,000 South $ 325,000 130,000 195,000 81,000 $ 114,000 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. Rynd your final answers to the nearest dollar 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 Ida Sidha Karya Company is a family-owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $920. Selected data for the company's operations last year follow: 275 260 15 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $ $ 110 320 40 15 $ $ $ 77,000 $ 33,000 The absorption costing income statement prepared by the company's accountant for last year appears below: Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income $ 239,200 195,000 44,200 36,900 $ 7,380 Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. Prepare an income statement for last year using variable costing. Prepare an income statement for last year using variable costing. $ 239,200 Ida Sidha Karya Company Variable Costing Income Statement Sales Nariable expenses Variable cost of goods sold Variable selling and administrative expense 0 239,200 Contribution margin Fixed expenses 33,000 Fixed selling and administrative expense Fixed manufacturing overhead S 77,000 110,000 129,200 Net operating income S

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