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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, 060, 000 $860 , 000 $460 , 000 Variable expenses 172, 000 122 , 000 72, 000 Controllable fixed expenses 383 , 000 303 , 000 133, 000 Fixed expenses controllable by others 202, 000 172 , 000 62, 000 In addition to the expenses listed above, the company has $100,000 of common fixed expenses. Income-tax expense for the year is $300,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Services Metro Suburban Outlying Segment contribution margin $ 0 $ 0 $ 0 $ Profit margin controllable by segment manager $ 0 $ 0 $ 0 $ 0 Profit margin traceable to segment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
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