Question

Countywide 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 Service revenue $ 1,090,000 $ 890,000 $ 490,000 Variable expenses 178,000 128,000 78,000 Controllable fixed expenses 392,000 312,000 142,000 Fixed expenses controllable by others 208,000 178,000 68,000 In addition to the expenses listed above, the company has $115,000 of common fixed expenses. Income-tax expense for the year is $315,000. Required: Prepare a segmented income statement for Countywide Cable Services, Inc

Answer 1