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 $ 1,060,000 $ 860,000 $ 460,000
Variable expenses 172,000 122,000 72,000
Controllable fixed expenses 383,000 303,000 133,000
Fixed expenses controllable by others 202,000 172,000 62,000

In addition to the expenses listed above, the company has $100,000 of common fixed expenses. Income-tax expense for the year is $300,000.

Required:

  1. Prepare a segmented income statement for Countywide Cable Services, Inc.

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