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	$	1,120,000		$	920,000		$	520,000
Variable expenses		184,000			134,000			84,000
Controllable fixed expenses		401,000			321,000			151,000
Fixed expenses controllable by others		214,000			184,000			74,000

In addition to the expenses listed above, the company has $130,000 of common fixed expenses. Income-tax expense for the year is $330,000.

Required:

1. Prepare a segmented income statement for Countywide Cable Services, Inc.

Execise 12-33 1 Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. 5 points Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others Metro $1,120,000 184,000 401,000 214,000 Suburban $920,000 134,000 321,000 184,000 Outlying $520,000 84,000 151,000 74,000 eBook In addition to the expenses listed above, the company has $130,000 of common fixed expenses. Income tax expense for the year is $330.000 Print 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 Profit margin controllable by segment manager Profit margin traceable to segment