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1 points Question 42 Given the information below is the Family Law segment profitable? Family Commercial Law Law Revenue from clients 500,000 600,000 Variable expenses
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Question 42
Given the information below is the Family Law segment profitable? | |||||
Family | Commercial | ||||
Law | Law | ||||
Revenue from clients | 500,000 | 600,000 | |||
Variable expenses | 200,000 | 120,000 | |||
Contribution margin | 300,000 | 480,000 | |||
Traceable fixed expense | 280,000 | 390,000 | |||
Segment margin | 20,000 | 90,000 | |||
Common fixed expenses | 24,000 | 54,000 | |||
Net Operating Income | (4,000) | 36,000 |
Yes by $20,000. | ||
No by $4,000. | ||
Yes by $36,000. |
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