Francisco Consulting Firm provides three types of client services in three health-care-related industries. The income statement for July is as follows:

The sales, contribution margin ratios, and direct fixed expenses for the three types of services are as follows:

Required
Prepare income statements segmented by client categories. Include a column for the entire firm in the statement.

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Sales.. Less variable costs. Contribution margin. Less fixed expenses Service.. Selling and administrative. Net income... FRANCISCO CONSULTING FIRM Income Statement For Month of July $450,000 (325,000) 125,000 $35,000 32,500 (67,500) $ 57,500