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1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow.
1 Countywide Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. pints eBook Print Metro Service revenue. $970,000 Suburban $770,000 Outlying $370,000 Variable expenses Controllable fixed expenses Fixed expenses controllable by others. 154,000 104,000 356,000 276,000 104,000 154,000 54,000 106,000 44,000 In addition to the expenses listed above, the company has $55,000 of common fixed expenses. Income-tax expense for the year is $255,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Seamants of Company k $255,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment Segments of Company Countywide Cable Services Metro Suburban Outlying Check n
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