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
$ 600,000
$ 400,000
$ 200,000
Variable expenses
360,000
280,000
80,000
Contribution margin
240,000
120,000
120,000
Traceable fixed expenses
132,000
66,000
66,000
Segment margin
108,000
$ 54,000
$ 54,000
Common fixed expenses
56,000
Net operating income
$ 52,000
Required:
Compute the companywide break-even point in dollar sales.
Compute the break-even point in dollar sales for the North region.
Compute the break-even point in dollar sales for the South region.
Note: For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.
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