Homework Answers
Cm ratio = Contribution margin/Sales
Breakeven sales = Fixed cost/cm ratio
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1. Cm ratio = 280,000/1,120,000 = 25% = (155,000+70,000)/25% = 900,000 |
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2. Cm ratio = 154,000/770,000 = 20% = 65,000/20% = 325,000 |
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3. Cm ratio = 126,000/350,000 = 36% = 90,000/36% = 250,000 |
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Use the following information to answer the questions Total Сompany $1,120,eee 840,eee 280,e0e 155,e0e North South S...
$ Use the following information to answer the questions. Total Company North Sales $1,020,000 $ 680,000...
$ Use the following information to answer the questions. Total Company North Sales $1,020,000 $ 680,000 Variable expenses 765,000 544,000 Contribution margin 255,000 136,000 Traceable fixed expenses 156,000 58,000 Segment margin 99,000 $ 78,000 Common fixed expenses 65,000 Net operating income $ 34,000 South 340,000 221,000 119,000 98,000 21,000 $ 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...
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...
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 s...
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 $ 750,000 450,000 300,000 144,000 156,000 59,000 $ 97,000 North $ 500,000 350,000 150,000 72,000 $ 78,000 South $250,000 100,000 150,000 72,000 $ 78,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar...
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: Total Company $ 1,156,250 786,250 370,000 North $925,000 740, eee 185,000 South $231,250 46,250 185,eee 156,000 78,eee Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income 78, eee $107,600 $107, eee 214, eee 68,000 $ 146,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break even point...
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 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 $ 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...
$ Use the following information to answer the questions. Total Company North Sales $1,020,000 $ 680,000 Variable expenses 765,000 544,000 Contribution margin 255,000 136,000 Traceable fixed expenses 156,000 58,000 Segment margin 99,000 $ 78,000 Common fixed expenses 65,000 Net operating income $ 34,000 South 340,000 221,000 119,000 98,000 21,000 $ 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...
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...
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 $ 750,000 450,000 300,000 144,000 156,000 59,000 $ 97,000 North $ 500,000 350,000 150,000 72,000 $ 78,000 South $250,000 100,000 150,000 72,000 $ 78,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar...
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: Total Company $ 1,156,250 786,250 370,000 North $925,000 740, eee 185,000 South $231,250 46,250 185,eee 156,000 78,eee Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income 78, eee $107,600 $107, eee 214, eee 68,000 $ 146,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break even point...
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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