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please answer all . I will give a good rate Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company is

please answer all . I will give a good rate

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Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residentlal. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented Income statement shown below: In preparing these statements, the intern determined that Toxaway's only variable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be incurred even if the Commercial or Residential segments are discontinued, $84,000 of fixed expenses that would disappear if the Commerclal segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Required: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most likely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the Intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commercial Division and the Residential Division. Complete this question by entering your answers in the tabs below. Do you agree with the intern's decision to use an absorption format for her segmented income statement? Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company Is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented income statement shown below: In preparing these statements, the intern determined that Toxaway's only variable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses Include $61,500 of common fixed expenses that would continue to be Incurred even if the Commerclal or Residential segments are discontinued, $84,000 of fixed expenses that would disappear if the Commerclal segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Required: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most llkely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commerclal Division and the Residential Division. Complete this question by entering your answers in the tabs below. Based on a review of the intern's segmented income statement, how much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company Is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented income statement shown below: In preparing these statements, the intern determined that Toxaway's only varlable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be Incurred even if the Commerclal or Residential segments are discontinued, $84,000 of fixed expenses that would disappear If the Commerclal segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Requlred: 1. Do you agree with the Intern's decision to use an absorption format for her segmented Income statement? 2. Based on a revlew of the Intern's segmented Income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most llkely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commerclal Division and the Residential Division. Complete this question by entering your answers in the tabs below. Based on a review of the intern's segmented income statement, which of the following three allocation bases did she most likely used to allocate common fixed expenses to the Commercial and Residential segments? Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company Is a merchandiser that segments its business into two divisions-Commerclal and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented Income statement shown below: In preparing these statements, the intern determined that Toxaway's only variable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses Include $61,500 of common fixed expenses that would continue to be Incurred even If the Commerclal or Residential segments are discontinued, $84,000 of fixed expenses that would disappear if the Commercial segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Requlred: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most llkely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commerclal Division and the Residential Division. Complete this question by entering your answers in the tabs below. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? Problem 6-24 (Algo) Companywlde and Segment Break-Even Analysls; Decision Making [LO6-4, LO6-5] Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residential. The compony's accounting intern was asked to prepare segmented income statements that the compsny's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepored the absorption format segmented income statement shown below: In preporing these statements, the intern determined that Toxavoy's only voriable selling and administrative expense is a 10\% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be incurred even if the Commercial or Residential segments are discontinued, $84,000 of fixed expenses that would disspesr if the Commercisl segment is dropped, and $62000 of fixed expenses that would dissppear if the Residential segment is dropped. Required: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Bosed on s review of the intern's segmented income ststement. o. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases cid she most likely used to allocate common fixed expenses to the Commercial and Residential segments: ( ( ) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you sgree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the compsnywide bresk-even point in dollar soles. 6. Compute the break-even point in dolis sales for the Commercisl Division and for the Residential Division. 7. Assume the compsny decided to pay its soles representatives in the Commercial snd Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentege from 10% to 5%. Calculate the new break-even point in dollar sales for the Commercial Division and the Residential Division. Complete this question by entering your answers in the tabs below. Redo the intem's segmented income statement using the contribution format. Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented income statement shown below: In preparing these statements, the intern determined that Toxaway's only varlable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be Incurred even If the Commerclal or Residential segments are discontinued, $84,000 of fixed expenses that would disappear If the Commercial segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Required: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most llkely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commerclal Division and the Residential Division. Complete this question by entering your answers in the tabs below. Compute the companywide break-even point in dollar sales. (Round intermediate calculations to 3 decimal places and final answer to the nearest whole dollar amount.) Problem 6-24 (Algo) Companywide and Segment Break-Even Analysis; Decision Making [LO6-4, LO6-5] -oxaway Company Is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's iccounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate heir break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption ormat segmented Income statement shown below: n preparing these statements, the intern determined that Toxaway's only variable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be ncurred even If the Commercial or Residential segments are discontinued, $84,000 of fixed expenses that would disappear if the Commercial segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Requlred: Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented Income statement. . How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? Which of the following three allocation bases did she most likely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residentlal segments? . Redo the Intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. Sompute the break-even point in dollar sales for the Commercial Division and for the Residential Division. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower Its companywide sales commission percentage from 10% to 5%. Calculate the new reak-even point in dollar sales for the Commerclal Division and the Residentlal Division. Complete this question by entering your answers in the tabs below. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. (Round CM ratio to 2 decimal places and final answer to the nearest whole dollar amount.) Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculate their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorption format segmented income statement shown below: In preparing these statements, the intern determined that Toxaway's only variable selling and administrative expense is a 10% sales commission on all sales. The company's total fixed expenses include $61,500 of common fixed expenses that would continue to be Incurred even if the Commerclal or Residental segments are discontinued, $84,000 of fixed expenses that would disappear if the Commerclal segment is dropped, and $62,000 of fixed expenses that would disappear if the Residential segment is dropped. Required: 1. Do you agree with the intern's decision to use an absorption format for her segmented income statement? 2. Based on a revlew of the Intern's segmented income statement. a. How much of the company's common fixed expenses did she allocate to the Commercial and Residential segments? b. Which of the following three allocation bases did she most Iikely used to allocate common fixed expenses to the Commercial and Residential segments: (a) sales, (b) cost of goods sold, or (c) gross margin? 3. Do you agree with the intern's decision to allocate the common fixed expenses to the Commercial and Residential segments? 4. Redo the Intern's segmented income statement using the contribution format. 5. Compute the companywide break-even point in dollar sales. 6. Compute the break-even point in dollar sales for the Commercial Division and for the Residential Division. 7. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commerclal Division and the Residential Division. Complete this question by entering your answers in the tabs below. Assume the company decided to pay its sales representatives in the Commercial and Residential Divisions a total monthly salary of $14,500 and $29,000, respectively, and to lower its companywide sales commission percentage from 10% to 5%. Calculate the new break-even point in dollar sales for the Commercial Division and the Residential Division. (Round CM ratio to 2 decimal places and final answers to the nearest whole dollar amount.)

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