Wonderland Pool Cleaning Service provides pool cleaning services to residential customers. The company has three employees,...

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Wonderland 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 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. Data Table Requirement 1. Calculate the contribution margin ratio for each business segment. Wonderland Pool Cleaning Service Contribution margin ratio Income Statement Benson Myfred Fitz = % For the Month Ended July 31, 2018 = % % Benson Myfred Fitz Total Requirement 2. The business segments had the following numbers of customers: Benson, 100; Myfred, 90; and Fitz, 70. Compute the service reven Service revenue Variable costs Contribution margin Service Revenue Variable Costs Contribution Margin $ 8,000 $ 7,200 $ 5,600 $ 20,800 4,800 2,160 3,920 10,880 gment. 3,200 5,040 1,680 9,920 per customer per customer per customer 2,500 Fixed Costs Benson Myfred $ 7,420 Operating Income Fitz Requirement 3. Which business segment was most profitable? List some possible reasons why this segment was most profitable. How might the var The business segment was the most profitable because the Possible reasons for the profitability of this business segment include the following: (Select all that apply.) A. Employees in the most profitable business segment cutting corners when performing service calls Print Done Wonderland 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 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. Data Table Requirement 1. Calculate the contribution margin ratio for each business segment. Wonderland Pool Cleaning Service Contribution margin ratio Income Statement Benson Myfred Fitz = % For the Month Ended July 31, 2018 = % % Benson Myfred Fitz Total Requirement 2. The business segments had the following numbers of customers: Benson, 100; Myfred, 90; and Fitz, 70. Compute the service reven Service revenue Variable costs Contribution margin Service Revenue Variable Costs Contribution Margin $ 8,000 $ 7,200 $ 5,600 $ 20,800 4,800 2,160 3,920 10,880 gment. 3,200 5,040 1,680 9,920 per customer per customer per customer 2,500 Fixed Costs Benson Myfred $ 7,420 Operating Income Fitz Requirement 3. Which business segment was most profitable? List some possible reasons why this segment was most profitable. How might the var The business segment was the most profitable because the Possible reasons for the profitability of this business segment include the following: (Select all that apply.) A. Employees in the most profitable business segment cutting corners when performing service calls Print Done