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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

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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 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 $24,600 $25,500 Allocated portion of: Building depreciation 11.900 11.900 Advertising 5,100 3.900 Billing 3.800 3.200 Property taxes 1.300 1.200 Material and supplies 1.700 1,400 Supervisory salaries 9,000 9,400 Insurance 4.500 3,900 Wages 2.800 3,000 Gas and oil 3.100 3.400 Gas and oil 3,100 3,400 Equipment depreciation 1,600 1,200 Prepare a responsibility report for the first quarter of 2020 for the Home Internet Service Seement URLINK COMPANY Home Internet Services Segment Responsibility Report For the Quarter Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budgeted Actual $ $ $ $ $

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