Ciena & Associates
The following customer segmented quarterly income statement is
for Ciena and
Associates, a firm that performs legal services
Customers
Koontz
Davis
Nello
Total
Sales
revenue
$150,000
$750,000
$100,000
$1,000,000
Variable costs
125,000
600,000
80,000
805,000
Contribution margin $
25,000
$150,000
$ 20,000
$
195,000
Direct fixed costs
7,500
157,500
5,000
170,000
Allocated fixed costs 3,000
15,000
2,000
20,000
Profit...