Homework Answers
Solution 1:
Overall CM ratio = $270,000 / $675,000 = 40%
Dollar sales for company to breakeven = Total fixed expenses / Overall CM ratio
= ($132,000 + $58,000)/ 40% = $475,000
Solution 2:
CM ratio north segment = $135,000 / $450,000 = 30%
Dollar sales for North segment to break even = Fixed expenses for north segment / CM ratio = $66,000 / 30% = $220,000
Solution 3:
CM ratio South segment = $135,000 / $225,000 = 60%
Dollar sales for North segment to break even = Fixed expenses for north segment / CM ratio = $66,000 / 60% = $110,000
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Exercise 6-5 Companywide and Segment Break-Even Analysis (L06-5) Piedmont Company segments its business into two regions-North...
Exercise 7-5 Companywide and Segment Break-Even Analysis (L07-5) Piedmont Company segments its business into two regions-North...
Exercise 7-5 Companywide and Segment Break-Even Analysis (L07-5) Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $ 937,500 637,500 300,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income North $750,000 600,000 150,000 76,000 $ 74,000 South $ 187,500 37,500 150,000 76,000 $ 74,000 148,000 64,000 $ 84,000 Required: 1. Compute the companywide break-even point in dollar sales....
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 shown below: Total CompanyNorth South $800,000 $600,000 $200,000 560,000 480,000 80,000 Sales Variable expenses Contribution margin 240,000120,000 120,000 61,00061,000 Traceable fixed expenses Segment margin Common fixed expenses Net operating income 122,000 18,000 $ 59,000 $ 59,000 2,000 $ 66,000 Required: 1. Compute the companywide break-even point in dollar sales Dollar sales for company...
Exercise 7-5 Companywide and Segment Break-Even Analysis [LO7-5 Piedmont Company segments its business into two reg...
Exercise 7-5 Companywide and Segment Break-Even Analysis [LO7-5 Piedmont Company segments its business into two regions-North and South. The compa segmented income statement as shown: Total Company $600,000 360, 000 240,000 120,000 North $ 400, 000 280,000 120,000 60,000 60,000 South Sales Variable expenses Contribution margin Traceable fixed expenses $200,000 80,00 120,000 60,000 Segment margin Common fixed expenses 120,000 60,000 50,000 $ 70,000 Net operating income Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even...
5. Piedmont Company segments its business into two regions—North and South. The company prepared the contribution...
5. Piedmont Company segments its business into two regions—North
and South. The company prepared the contribution format segmented
income statement as shown:
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.
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed...
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 $ 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: 1. Compute the companywide break-even point in dollar sales . 2. Compute the...
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: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 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: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 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: North $925,000 740,000 185,000 78,000 $ 107,000 Total Company Sales $1,156,250 Variable expenses 786,250 Contribution margin 370,000 Traceable fixed expenses 156,000 Segment margin 214,000 Common fixed expenses 68,000 Net operating income $ 146,000 South $231,250 46,250 185,000 78,000 $ 107,000 OOK Print ferences 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 $ 812,500 $ 650,000 $ 162,500 Variable expenses 552,500 520,000 32,500 Contribution margin 260,000 130,000 130,000 Traceable fixed expenses 134,000 67,000 67,000 Segment margin 126,000 $ 63,000 $ 63,000 Common fixed expenses 54,000 Net operating income $ 72,000 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: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 937,500 637.500 300,000 142,000 158,000 62,000 $ 96,000 North $ 750,000 600,000 150,000 71,000 $ 79,000 South $ 187,500 37,500 150,000 71,000 $ 79,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Exercise 7-5 Companywide and Segment Break-Even Analysis (L07-5) Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Total Company $ 937,500 637,500 300,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income North $750,000 600,000 150,000 76,000 $ 74,000 South $ 187,500 37,500 150,000 76,000 $ 74,000 148,000 64,000 $ 84,000 Required: 1. Compute the companywide break-even point in dollar sales....
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 shown below: Total CompanyNorth South $800,000 $600,000 $200,000 560,000 480,000 80,000 Sales Variable expenses Contribution margin 240,000120,000 120,000 61,00061,000 Traceable fixed expenses Segment margin Common fixed expenses Net operating income 122,000 18,000 $ 59,000 $ 59,000 2,000 $ 66,000 Required: 1. Compute the companywide break-even point in dollar sales Dollar sales for company...
Exercise 7-5 Companywide and Segment Break-Even Analysis [LO7-5 Piedmont Company segments its business into two regions-North and South. The compa segmented income statement as shown: Total Company $600,000 360, 000 240,000 120,000 North $ 400, 000 280,000 120,000 60,000 60,000 South Sales Variable expenses Contribution margin Traceable fixed expenses $200,000 80,00 120,000 60,000 Segment margin Common fixed expenses 120,000 60,000 50,000 $ 70,000 Net operating income Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even...
5. Piedmont Company segments its business into two regions—North
and South. The company prepared the contribution format segmented
income statement as shown:
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.
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed...
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 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 segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 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 segmented income statement as shown: North $925,000 740,000 185,000 78,000 $ 107,000 Total Company Sales $1,156,250 Variable expenses 786,250 Contribution margin 370,000 Traceable fixed expenses 156,000 Segment margin 214,000 Common fixed expenses 68,000 Net operating income $ 146,000 South $231,250 46,250 185,000 78,000 $ 107,000 OOK Print ferences 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 segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 937,500 637.500 300,000 142,000 158,000 62,000 $ 96,000 North $ 750,000 600,000 150,000 71,000 $ 79,000 South $ 187,500 37,500 150,000 71,000 $ 79,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
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