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Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Service revenue
Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others Metro $990,000 158,000 362,000 188,000 Suburban $790,000 108,000 282,000 158,000 Outlying $390,000 58,000 112,000 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. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Metro Suburban Outlying Services Segment contribution margin $ $ $ 0$ Profit margin controllable by segment manager $ $ $ $ HTTTTT Profit margin traceable to segment $ 0 $ 0 $ 0 $ | $ 0
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