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

Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others Metro $1,020,000 Suburban $820,000 164,000 114,000 371,000 291,000 121,000 194,000 164,000 54,000 Outlying $420,000 64,000 In addition to the expenses listed above, the company has $80,000 of common fixed expenses. Income-tax expense for the year is $280,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Services Metro: Suburban Outlying Segment contribution margin $ 0 $ 0 $ 0 $ Profit margin controllable by segment manager S 0 $ 0 $ 0 $ 0 Profit margin traceable to segment. $ 0 $ 0 $ 0 $ $ 0 $ Prev 3 of 4 Next

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