Problem $7-24($Static$)$ Companywide and Segment Break$-$Even Analysis; Decision Making $[$LO$7-4,$ LO$7-5]$

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:

$\backslash$table$[[,$Total,,$],[$Sales$,$Company,Commercial,Residential$],[$Cost of goods sold,$$750,000,$$$250,000,$$$500,000$