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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. Metro Suburban
Tri-County Cable Services, Inc is organized with three segments: Metro, Suburban, and outlying. Data for these segments for the year just ended follow. Metro Suburban Outlying $1,150,000 $950,000 $550,000 Service revenue Variable expenses 190,000 140,000 90,000 Controllable fixed expenses 410,000 330,000 160,000 Fixed expenses controllable by others 220,000 190,000 0,000 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 Segment contribution margin Profit margin controllable by segment manager Profit margin traceable to segment
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