Exceptional Events provides event management services. The company has three employees, each assigned tospecific customers. The company considers each employee's territory as a business segment. The following datarelate to its three segments for the month of June:Sale revenueVariable costsMaribelJessicaTimothy$8,000$10,600$5,900$7,200$12,350$11,500The business segments had the following number of customers: Maribel, 24; Jessica, 30; and Timothy, 34. The totalfixed costs for the month amount to $3,500. What is the operating income of Exceptional Events for the monthof June?OA. $2,100OB. $2,850OC. $30,950OD. $6,350

ANSWER The correct answer is option B Operating income is = $ 2850 Explanation:Step 1: CALCULATION…

Answered: Exceptional Events provides event…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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