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

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

Metro Suburban Outlying
Service revenue $ 1,050,000 $ 850,000 $ 450,000
Variable expenses 170,000 120,000 70,000
Controllable fixed expenses 380,000 300,000 130,000
Fixed expenses controllable by others 200,000 170,000 60,000

In addition to the expenses listed above, the company has $95,000 of common fixed expenses. Income-tax expense for the year is $295,000.

Required:

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
Profit margin controllable by segment manager
Profit margin traceable to segment

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