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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Producti Weedban $ 10.00 Greengrow $ 2.40 $ 138,000 $ 33.00 $11.00 $ 41,000 Last year the company produced and sold 41,500 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $105,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $750,000 450,000 300,000 North $ 500,000 South $ 250,000 100,000 350,000 150,000 72,000 150,000 72,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segnent margin Common fixed expenses Net operating income. Required: 144,000 156,000 59,000 $ 78,000 $ 78,000 $ 97,000 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.) 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
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