Question
Adventures Company provides event management services. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business
Adventures Company provides event management services. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment. The following data relate to its three segments for the month of June:
Francisco | Liu | Jordan | |
Sale Revenue | $8,000 | $12,800 | $13,350 |
Variable costs | $5,700 | $5,200 | $10,500 |
The business segments had the following number of customers: Francisco, 24 ; Liu, 28; and Jordan, 33. The total fixed costs for the month of June amount to $3,400. Which business segment was the most profitable?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started