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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. Outlying $400,000
Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Outlying $400,000 Suburban Metro Service revenue $1, , 200, e 400, 230,000 $800, 0 150,000 320,0e0 200, 0 Variable expenses Controllable fixed expenses Fixed expenses controllable by others 100, 150,000 90,000 In addition to the expenses listed above, the company has $95,000 of common fixed expenses. Income-tax expense for the year is $145,000 Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. 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 0 Profit margin controllable by segment manager $ $ O 0 Profit margin traceable to segment $ $ O $ 0
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