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 $ 990,000 $ 790,000 $ 390,000
Variable expenses 158,000 108,000 58,000
Controllable fixed expenses 362,000 282,000 112,000
Fixed expenses controllable by others 188,000 158,000 48,000

In addition to the expenses listed above, the company has $65,000 of common fixed expenses. Income-tax expense for the year is $265,000.

Required:

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

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