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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
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 Service revenue $24,200 $26.700 Allocated portion of Building depreciation 10,100 10,100 Advertising 5.200 4,000 Billing 3,500 3,100 Property taxes 1100 1.200 Material and supplies 1500 1.100 Supervisory salaries 9.100 9,500 Insurance 4100 3.200 Wages 2.800 3,600 Gas and oil 2.800 3,500 Equipment depreciation 1500 1.200 the first quarter of 2020 for the Home Internet Service Segment URLINK COMPANY Home Internet Services Segment Responsibility Report For the Quarter Ended March 31, 2020 Budgeted Actual Difference Favorable Unfavorabl Neither Favori nor Unfavora Prepare a responsibility report > > > > >
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