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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. 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 $ 1,100,000 $ 900,000 $ 500,000
Variable expenses 180,000 130,000 80,000
Controllable fixed expenses 395,000 315,000 145,000
Fixed expenses controllable by others 210,000 180,000 70,000

In addition to the expenses listed above, the company has $120,000 of common fixed expenses. Income-tax expense for the year is $320,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. image text in transcribed

SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Metro Suburban Cable Services Outlying Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment

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