Question: EX 1 2 - 3 2 ( Algo ) Segmented Income Statement; TV Cable Company ( LO 1 2 - 5 ) Countywide Cable Services,

 EX 12-32(Algo) Segmented Income Statement; TV Cable Company (LO 12-5) Countywide

EX 12-32(Algo) Segmented Income Statement; TV Cable Company (LO 12-5)
Countywide Cable Services, Incorporated, is organized with three segments: Metro, Suburban, and Outlying. Data for these segme for the year just ended follow.
\table[[,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:
Prepare a segmented income statement for Countywide Cable Services, Incorporated.
Cable Services, Incorporated, is organized with three segments: Metro, Suburban, and Outlying.

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