Piedmont Company segments its business into two regions-North and South. The company prepared the contributisegmented income statement as shown:SalesVariable expensesContribution marginTraceable fixed expensesTotal Company$ 800,000560,000North$ 600,000480,000120,000South$ 200,00080,000240,000126, 000120,00063,000$ 57,00063,000$ 57,000Segment marginCommon fixed expenses114,00054,000$ 60,000Net operating incomeRequired: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 dollnces1. Dollar sales for company to break-even2. Dollar sales for North segment to break-even315.000105.0003. Dollar sales for South segment to break-evenSSUSType here to search關

Total fixed costs for the company = Traceable fixed expenses + Common fixed expenses = $126000 +…

Answered: Piedmont Company segments its business…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 87PSB

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