Answered step by step
Verified Expert Solution
Question
1 Approved Answer
do all requirements Eden Pool Cleaning Service provides pool dleaning servicns to residental cusiomers. has thee company incurs varlabe cosis that indude the amployees wages,
do all requirements
Eden Pool Cleaning Service provides pool dleaning servicns to residental cusiomers. has thee company incurs varlabe cosis that indude the amployees wages, pool chemicals, and gas for the service vans Fxed costs include depreciation on the service vans. Following is the income stabement for the month of July s. The oomoarny has three empioyees each assigned to speofie oustomers. The company considers each employee's teritory as a business segment The (Click the icon to view the income statement) ead the remets Requirement 1.Calculate the cribution Data Table margin ratio f or each Eden Pool Cleaning Service Income Statement For the Month Ended July 31, 2014 Miz Founder Byson Flounder S 00 9,000$2,700 19.800 58705,4001011.8860 920 Service Ravenve Variable Costs Contribution Margi Fxed Cosh Operating Income 2.430 3,600 1Calculale the contribution margin ratio for each business segment 2. The business segments had the following numbens of customers Byson, 9 30 Compute the service anable oor per custiomer, and contribution margin per cuslomer fer each 4 420 100 and Flounder . Whith business segment was ost protitable? List some possible reasons Print Done sthy this segment was most profeable How might the various reasons aet company in he long erm Print Don Choose from 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