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
$
750,000
$
500,000
$
250,000
Variable expenses
450,000
350,000
100,000
Contribution margin
300,000
150,000
150,000
Traceable fixed expenses
138,000
69,000
69,000
Segment margin
162,000
$
81,000
$
81,000
Common fixed expenses
60,000
Net operating income
$
102,000
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.)
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