Question: 1 points Question 42 Given the information below is the Family Law segment profitable? Family Commercial Law Law Revenue from clients 500,000 600,000 Variable expenses
1 points
Question 42
| Given the information below is the Family Law segment profitable? | |||||
| Family | Commercial | ||||
| Law | Law | ||||
| Revenue from clients | 500,000 | 600,000 | |||
| Variable expenses | 200,000 | 120,000 | |||
| Contribution margin | 300,000 | 480,000 | |||
| Traceable fixed expense | 280,000 | 390,000 | |||
| Segment margin | 20,000 | 90,000 | |||
| Common fixed expenses | 24,000 | 54,000 | |||
| Net Operating Income | (4,000) | 36,000 | |||
| Yes by $20,000. | ||
| No by $4,000. | ||
| Yes by $36,000. |
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