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Swifty Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Lenny Kirkland, divided the company into

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Swifty 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 2022 Budgeted Actual Service revenue $30,500 $31.964 Allocated portion of: Building depreciation 13,420 13,420 Advertising 6,100 5,124 Billing 4,270 3,660 Property taxes 1,464 1,220 Material and supplies 1,952 1,464 Supervisory salaries 10,980 11,590 Insurance. 4,880 4,758

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