Monty Company is a newly formed company specializing in high$-$speed Internet service for home and

business. The owner, Lenny Kirkland, 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 performance in terms of its profitability. To that end, the following information has been

collected on the Home Internet Service segment for the first quarter of $2025.$

Budgeted Actual

Service revenue $$24,500$ $$25,676$

Allocated portion of:

Building depreciation $10,78010,780$

Advertising $4,9004,116$

Billing $3,4302,940$

Property taxes $1,176980$

Material and supplies $1,5681,176$

Supervisory salaries $8,8209,310$

Insurance $3,9203,822$

Wages $2,9403,185$

Gas and oil $2,7443,332$

Equipment depreciation $1,4701,274$