Question 2 View Policies Current Attempt In Progress 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 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 2020. Budgeted Actual $24,800 $26,000 Service revenue Allocated portion of: Building depreciation Advertising Billing Property taxes Material and supplies Supervisory salaries Insurance Wages Gas and oil Equipment depreciation 10,000 4,600 3,600 1,300 1,500 9,500 4,000 3,000 2,800 1,500 10,000 4,700 3,100 1,000 1.200 9,300 3,100 3.200 3,500 1,500 Prepare a responsibility report for the first quarter of 2020 for the Home Internet Service Segment. URLINK COMPANY URLINA LUMIPANT Home Internet Services Segment Responsibility Report For the Quarter Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budgeted Actual Controllable Margin Contribution Margin Controllable Fred Costs Equipment Depreciation Gas and I Insurance Material and Supplies Service Revenue Supervisory Salaries Total Controllable Fred Costs Total Variable costs Variable costs Wiages Building Depreciation Advertising Property Tax