Managerial Accounting E12-33 Countywide Cable Services, Inc. is organized with three segments

Managerial Accounting

E12-33
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 1,000,000 800,000 400,000
Variable expenses 200,000 150,000 100,000
Controllable fixed expenses 400,000 320,000 150,000
Fixed expenses controllable by others 230,000 200,000 90,000
In addition to the expenses listed above, the company has $95,000 of common fixed expenses. Income-tax expense for the year is $145,000.

Required:
1. Prepare a segmented income statement for Countywide Cable Services, Inc. Use the contribution format.
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