Question: 1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow.

1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban,

1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. 5 points Service revenue Variable expenses Controllable fixed expenses Skipped Fixed expenses controllable by others eBook Metro $980,000 Suburban $780,000 156,000 106,000 359,000 279,000 186,000 156,000 Outlying $380,000 56,000 109,000 46,000 In addition to the expenses listed above, the company has $60,000 of common fixed expenses. Income-tax expense for the year is $260,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. Print SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Services Metro Suburban Outlying Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment

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