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Tri-County Cable Services, Inc is organized with three segments: Metro, Suburban, and outlying. Data for these segments for the year just ended follow. Suburban outlying
Tri-County Cable Services, Inc is organized with three segments: Metro, Suburban, and outlying. Data for these segments for the year just ended follow. Suburban outlying Metro Service revenue $1,150,000 $950,000 $550,000 Variable expenses 190,000 140,000 90,000 Controllable fixed expenses 410,000 330,000 160,000 80,000 Fixed expenses controllable by others 220,000 190,000 In addition to the expenses listed above, the company has $145,000 of common fixed expenses. Income-tax expense for the year is $345,000. Required: 1. Prepare a segmented income statement for Tri-County Cable Services, Inc. SEGMENTED INCOME STATEMENTS: TRI-COUNTY CABLE SERVICES, INC Segments of Company Tri-County Suburban outlying Cable Metro Services 5 0 0 0 0 Segment contribution margin 5 0 0 0 0 Profit margin controllable by segment manager 5 0 S 0 0 6 Profit margin traceable to segment
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