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v..~.,.,..'.. . 10 points eBook Hint References Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 11.00 $ 40.00 Variable expenses per unit 3. 2.40 $ 14.00 Traceable fixed expenses per year $ 137,000 $ 30,000 Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 40,000 units of Weed ban and 23,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. v..~.,.,...,. . 10 points eBook Hint References Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $825, 000 $ 550, 000 $ 275, 000 Variable expenses 495,000 385,000 110,000 Contribution margin 330,000 165,000 165,000 Traceable fixed expenses 144,000 72,000 72,000 Segment margin 186,000 $ 93,000 $ 93.090 Common fixed expenses 64,000 Net operating income $122,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the breakeven point in dollar sales for the North region. 3. Compute the breakeven 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 breakeven 2. Dollar sales for North segment to breakeven 3. Dollar sales for South segment to break-even v..~.,.,.,.. . 10 points eBook Hint References Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $1,140,000, 46%, and $22,800, respectively. The North Division's contribution margin and contribution margin ratio are $190,000 and 50%, respectively. The South Division's segment margin is $212,800. The company has $319,200 of common xed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (Le. 0.1234 should be entered as 12.3).) Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: 10 points Sales 1; 1,685,000 Variable expenses 562,000 Contribution margin 1,123,000 Fixed expenses 1,235,000 Q Net operating income (loss) 15 (112.000) eEook . Q In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Him Accounting Department has developed the following information: $ 1! East Central West Print Sales $405,000 $700,000 $580,000 Variable expenses as a percentage of sales 48% 26% 32% Traceable fixed expenses $254,000 $334,000 $201,000 I References Required: 1. Prepare a contribution format income statement segmented by divisions. 2a. The Marketing Department has proposed increasing the West Division's monthly advertising by $20,000 based on the belief that it would increase that division's sales by 17%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? complete thls questlon by enterlng your answers In the tab: below. Req 1 Reg ZA Req 25 Prepare a contribution format Income statement segmented by dlvlslons. 4 Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: 10 poms Sales is 1,685,000 Variable expenses 562,000 Cont ribution margin 1, 123, 000 Fixed expenses 1,235,000 Q Net operating income (loss) 15 (112,000) eEook ' Q In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Hint Accounting Department has developed the following information: _ A 5 East Central West Print 53165 $405,000 $700,000 $580,000 Variable expenses as a percentage of sales 48% 26% 32% IE Traceable fixed expenses $254,000 $334,000 $201,000 I References Required: 1. Prepare a contribution format income statement segmented by divisions. 2a. The Marketing Department has proposed increasing the West Division's monthly advertising by $20,000 based on the belief that it would increase that division's sales by 17%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2b. Would you recommend the increased advertising? Complete thls question by enterlng your answers In the tabs below. Req 1 Req 2A Req 23 The Marketing Department has proposed increasing the West Division's monthly advertising by $20,000 based on the belief that it would increase that division's sales by 17%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? (Do not round intermediate calculations.) Show IessA 4 Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: 10 poms Sales is 1,685,000 Variable expenses 562,000 Cont ribution margin 1, 123, 000 Fixed expenses 1,235,000 El Net operating income (loss) is (112.0%) eEook [ Q In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Hint Accounting Department has developed the following information: _ Division 5 East Central West Prim Sales $405,000 $700,000 $500,000 Variable expenses as a percentage of sales 4894 2694 329' IE Traceable fixed expenses $254,000 $334,000 $201,000 I References Required: 1. Prepare a contribution format income statement segmented by divisions. 2a. The Marketing Department has proposed increasing the West Division's monthly advertising by $20,000 based on the belief that it would increase that division's sales by 17%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2b. Would you recommend the increased advertising? Complete thls question by enterlng your answers In the tabs below. Req 1 Req 2A E Req 23 I would you recommend the increased advertising?