Leeds Services provides event management services.The company has three employees,each assigned to specific customers.The company considers each employee's territory as a business segment.The following data relate to its three segments for the month of June: $$\begin{array} { | l | r | r | r | }
\hline & \text { Matt } & \text { Andrea } & \text { Doug } \
\hline \text { Sale Revenue } & \$ 6,000 & \$ 11,800 & \$ 14,350 \
\hline \text { Variable costs } & \$ 5,900 & \$ 5,200 & \$ 11,500 \
\hline
\end{array}$$ The business segments had the following number of customers: Matt,26 ; Andrea,29; and Doug,35.The total fixed costs for the month of June amounts to $3,400.Which business segment was the most profitable?
A)Matt
B)Andrea
C)Doug
D)Both Matt and Andrea are equally profitable

Question

Leeds Services provides event management services.The company has three employees,each assigned to specific customers.The company considers each employee's territory as a business segment.The following data relate to its three segments for the month of June: $$\begin{array} { | l | r | r | r | } 
\hline & \text { Matt } & \text { Andrea } & \text { Doug } \
\hline \text { Sale Revenue } & \$ 6,000 & \$ 11,800 & \$ 14,350 \
\hline \text { Variable costs } & \$ 5,900 & \$ 5,200 & \$ 11,500 \
\hline
\end{array}$$ The business segments had the following number of customers: Matt,26 ; Andrea,29; and Doug,35.The total fixed costs for the month of June amounts to $3,400.Which business segment was the most profitable?
A)Matt
B)Andrea
C)Doug
D)Both Matt and Andrea are equally profitable

Quizplus · Accepted Answer

The Answer of Leeds Services provides event management services.The company has three employees,each assigned to specific customers.The company considers each employee's territory as a business segment.The following data relate to its three segments for the month of June: $$\begin{array} { | l | r | r | r | } 
\hline & \text { Matt } & \text { Andrea } & \text { Doug } \
\hline \text { Sale Revenue } & \$ 6,000 & \$ 11,800 & \$ 14,350 \
\hline \text { Variable costs } & \$ 5,900 & \$ 5,200 & \$ 11,500 \
\hline
\end{array}$$ The business segments had the following number of customers: Matt,26 ; Andrea,29; and Doug,35.The total fixed costs for the month of June amounts to $3,400.Which business segment was the most profitable?
A)Matt
B)Andrea
C)Doug
D)Both Matt and Andrea are equally profitable

Leeds Services Provides Event Management Services The Business Segments Had the Following Number of Customers: Matt,26