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Exercise 24-11 UrLink Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Lenny Kirkland, had divided the

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"Exercise 24-11 UrLink Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Lenny Kirkland, had divided the company into two segments: Home Internet Service and Business Internet Service. Each segment is run by its own supervisor, while basic selling and administrative services are shared by both segments Lenny has asked you to help him create a performance reporting system that will allow him to measure each segment's Service segment for the first quarter of 2017 i profitability. To that end, the following information has been collected on the Home Internet Service revenue Allocated portion of: s24,000 $25,000 Building depreciation Advertising 10,00010,000 3,700 3,200 2,700 4,500 1,100 8,500 Property taxes Material and supplies Supervisory salaries Insurance Wages Gas and oil 1,3001,000 9,100 3,500 3,000 2,700 3,000 3,000 1,100 1,000 2,300 1,400 Prepare a responsibility report for the first quarter of 2017 for the Home Internet Service URLINK COMPANY Home Internet Services Segment Responsibilty Report For the Quarter Ended March 31, 2017 Favorable Unfavorable Neither Favorable ner Unfavorable Actual

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