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Wildhorse Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Chris Anderson, had divided the company into

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Wildhorse Company is a newly formed company specializing in high-speed Internet service for home and business. The owner, Chris Anderson, 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. Chris 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 $24,500 $25,500 Allocated portion of: Building depreciation 10,200 10,200 Advertising 5,500 4,300 Billing 3,300 3,300 Property taxes 1,200 1,200 Material and supplies 1,600 1,100 Supervisory salaries 8,900 9,700 Insurance 3,900 3,000 Wages 3,300 3,500 Gas and oil 2,700 3,100 Equipment depreciation 1,400 1,300 Prepare a responsibility report for the first quarter of 2022 for the Home Internet Service Segment. WILDHORSE COMPANY Home Internet Services Segment Responsibility Report For the Quarter Ended March 31, 2022 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budgeted Actual $ $ $ $ $

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