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Utopia Pool Cleaning Service provides pool cleaning services to residential customers. The company has three employees, each assigned to specific customers. The company considers each
Utopia Pool Cleaning Service provides pool cleaning services to residential customers. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment. The company incurs variable costs that include the employees' wages, pool chemicals, and gas for the service vans. Fixed costs include depreciation on the service vans. Following is the income statement for the month of July: (Click the icon to view the income statement.) Read the requirements GO Requirement 1. Calculate the contribution margin ratio for each business segment. Contribution margin ratio % Blue = Molden - % Faulkner = % - X Data table Utopia Pool Cleaning Service Income Statement For the Month Ended July 31, 2024 Blue Faulkner $ 8,100 $ 7,200 $ 6,300 $ 3,240 4,320 4.410 Molden Total Service Revenue 21,600 11,970 Variable Costs 4,860 2,880 1,890 Contribution Margin Fixed Costs 9,630 4.500 $ 5.130 Operating Income Print Done
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