Exercise 12-32 Segmented Income Statement; TV Cable Company (LO 12-5) 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 Suburban $960,000 $760,000 Outlying $360,000 152,000 102,000 353,000 182,000 273,000 152,000 52,000 103,000 42,000 In addition to the expenses listed above, the company has $50,000 of common fixed expenses. Income-tax expense for the year is $250,000. 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 EA $ 0 $ 0 $ 0 $ 0 Profit margin controllable by segment manager $ 0 $ 0 $ 0 $ 0 Profit margin traceable to segment SA $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Exercise 12-37 Operational Performance Measures (Appendix) (LO 12-8) Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations May. Processing time (average per batch) Inspection time (average per batch) 6.80 hours 1.95 hours Waiting time (average per batch) Move time (average per batch) Units per batch 1.95 hours 1.95 hours 37 units Required: 1. Compute the manufacturing cycle efficiency. (Do not round intermediate calculations. Round your final answer to the neare whole percent.) 2. Compute the manufacturing cycle time. (Do not round intermediate calculations. Round your final answer to 2 decimal pla 3. Compute the velocity. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) 1. Manufacturing cycle efficiency 2. Manufacturing cycle time 3. Velocity % hour per unit units per hour