Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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 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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Write an element from the set A x B x C .

Answered: 1 week ago