Question

ch 6 exer 6 Piedmont Company segments its business into two regions—North and South. The company...

ch 6 exer 6

Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement shown below:

Total
Company
North South
  Sales $ 675,000 $ 450,000   $ 225,000  
  Variable expenses 405,000   315,000   90,000  






  Contribution margin 270,000   135,000   135,000  
  Traceable fixed expenses 150,000   75,000   75,000  






  Segment margin 120,000   $ 60,000   $ 60,000  








  Common fixed expenses 65,000  


  Net operating income $ 55,000  




Required:
a. Compute the companywide break-even point in dollar sales .

      

       

b. Compute the break-even point in dollar sales for the North region.

    

       

c. Compute the break-even point in dollar sales for the South region. (Round your break-even dollar sales to the nearest whole number.)

     

       

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement shown below: Total Company North South Sales $ 900,000 $ 675,000 $ 225,000 Variable expenses 630,000 540,000 90,000 Contribution margin 270,000 135,000 135,000 Traceable fixed expenses 132,000 66,000 66,000 Segment margin 138,000 $ 69,000 $ 69,000 Common fixed expenses 57,000 Net operating income $ 81,000 Required: 1. Compute the companywide break-even point in dollar sales. Dollar sales for company to break-even...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $ 800,000 $ 600,000 $ 200,000 Variable expenses 560,000 480,000 80,000 Contribution margin 240,000 120,000 120,000 Traceable fixed expenses 126,000 63,000 63,000 Segment margin 114,000 $ 57,000 $ 57,000 Common fixed expenses 54,000 Net operating income $ 60,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $ 937,500 $ 750,000 $ 187,500 Variable expenses 637,500 600,000 37,500 Contribution margin 300,000 150,000 150,000 Traceable fixed expenses 146,000 73,000 73,000 Segment margin 154,000 $ 77,000 $ 77,000 Common fixed expenses 64,000 Net operating income $ 90,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $ 800,000 $ 600,000 $ 200,000 Variable expenses 560,000 480,000 80,000 Contribution margin 240,000 120,000 120,000 Traceable fixed expenses 144,000 72,000 72,000 Segment margin 96,000 $ 48,000 $ 48,000 Common fixed expenses 63,000 Net operating income $ 33,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North 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...
Exercise 6-5 Companywide and Segment Break-Even Analysis [LO6-5] Piedmont Company segments its business into two regions—North...
Exercise 6-5 Companywide and Segment Break-Even Analysis [LO6-5] Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement as shown: Total Company North South Sales $ 937,500 $ 750,000 $ 187,500 Variable expenses 637,500 600,000 37,500 Contribution margin 300,000 150,000 150,000 Traceable fixed expenses 142,000 71,000 71,000 Segment margin 158,000 $ 79,000 $ 79,000 Common fixed expenses 62,000 Net operating income $ 96,000 Required: 1. Compute the companywide break-even point in...
ch 6 exer 9 Shannon Company segments its income statement into its North and South Divisions....
ch 6 exer 9 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 $780,000, 50%, and $62,400, respectively. The North Division’s contribution margin and contribution margin ratio are $247,500 and 75%, respectively. The South Division’s segment margin is $68,000. The company has $117,000 of common fixed expenses that cannot be traced to either division.    Required: Prepare an income statement for Shannon Company that uses...
Crossfire Company segments its business into two regions—East and West. The company prepared a contribution format...
Crossfire Company segments its business into two regions—East and West. The company prepared a contribution format segmented income statement as shown below: Total Company East West Sales $ 915,000 $ 610,000 $ 305,000 Variable expenses 732,000 518,500 213,500 Contribution margin 183,000 91,500 91,500 Traceable fixed expenses 111,000 51,000 60,000 Segment margin 72,000 $ 40,500 $ 31,500 Common fixed expenses 60,000 Net operating income $ 12,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point...
Crossfire Company segments its business into two regions—East and West. The company prepared a contribution format...
Crossfire Company segments its business into two regions—East and West. The company prepared a contribution format segmented income statement as shown below: Total Company East West Sales $ 975,000 $ 650,000 $ 325,000 Variable expenses 682,500 487,500 195,000 Contribution margin 292,500 162,500 130,000 Traceable fixed expenses 156,000 68,000 88,000 Segment margin 136,500 $ 94,500 $ 42,000 Common fixed expenses 60,000 Net operating income $ 76,500 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point...
Exercise 6-10 Companywide and Segment Break-Even Analysis [LO6-5] Crossfire Company segments its business into two regions—East...
Exercise 6-10 Companywide and Segment Break-Even Analysis [LO6-5] Crossfire Company segments its business into two regions—East and West. The company prepared a contribution format segmented income statement as shown below: Total Company East West Sales $ 1,170,000 $ 720,000 $ 450,000 Variable expenses 877,500 576,000 301,500 Contribution margin 292,500 144,000 148,500 Traceable fixed expenses 166,000 67,000 99,000 Segment margin 126,500 $ 77,000 $ 49,500 Common fixed expenses 60,000 Net operating income $ 66,500 Required: 1. Compute the companywide break-even point...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT