Exercise 1233 Segmented Income Statement; TV Cable Company (LO 12-5)									7 points
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							$1,000,000	$800,000	$400,000
Variable expenses							200,000	150,000	100,000
Controllable fixed expenses							400,000	320,000	150,000
Fixed expenses controllable by others							230,000	200,000	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. Use the contribution format.
2. Show how the solution will change if the following information changes: the sales revenues were $950,000 and $815,000 for Metro and Suburban, respectively.