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show all the work Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown:
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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: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 132,000 108,000 56,000 $ 52,000 North $ 400,000 280,000 120,000 66,000 $ 54,000 South $ 200,000 80,000 120,000 66,000 $ 54,000 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. Round your final answers to the nearest dollar.)Step by Step Solution
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