Question
Indi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists of three divisions: (1) financial services, (2) health services, and
Indi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists of three divisions: (1) financial services, (2) health services, and (3) transportation services. For 2014, it recorded the following data:
Financial
ServicesHealth
ServicesTransportation
ServicesTotalSales revenues$3,975,000$5,655,000$1,915,000$11,545,000Variable costs (% of sales)28%42%42%Traceable fixed costs2,166,0002,773,000740,1005,679,100Common fixed costs1,190,000
Required:1. a segment performance report showing the segment margin in dollars and percentages for all three divisions. UseExhibit 12-3as a guide.(Round "Percentage" answers to 2 decimal places.)
2.Which segment is most profitable?Financial ServicesHealth ServicesTransportation Services
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