Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution...
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Accounting
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
$ 1,125,000
$ 900,000
$ 225,000
Variable expenses
765,000
720,000
45,000
Contribution margin
360,000
180,000
180,000
Traceable fixed expenses
154,000
77,000
77,000
Segment margin
206,000
$ 103,000
$ 103,000
Common fixed expenses
66,000
Net operating income
$ 140,000
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.)
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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