Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. countywide cable services, inc. is organized with

Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying....

90.2K

Verified Solution

Question

Accounting

image

Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Service revenue Variable expenses Controllable fixed expenses Fixed expenses controllable by others Metro $1,100,000 180,000 395,000 210,000 Suburban $900,000 130,000 315,000 180,000 Outlying $500,000 80,000 145,000 70,000 In addition to the expenses listed above, the company has $120,000 of common fixed expenses. Income-tax expense for the year is $320,000. Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC. Segments of Company Countywide Cable Metro Suburban Outlying Services Segment contribution margin 0S 0S 0 $ Profit margin controllable by segment manager $ 0S 0S 0S Profit margin traceable to segment $ 0S 0S 0S S

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Do owners of SUVs put more mils on their vehicles in a week than do owners...

Biology
1.2K views

How do phagocytes eliminate pathogens? What group of pathogens are most easily phagocytosed and why?

Physics
1.2K views

Photoemission by Black Body Radiation A black body emits peak spectral intensity at 9000 On...

Physics
1.2K views

One plano convex and one plano concave lens of same radius of curvature R but...

Geometry
1.2K views

You find a mutual fund that offers approximately 6 APR compounded monthly You will invest...

Statistics
1.2K views

Determine whether the statement is true or false If it is false rewrite it as...

Calculus
1.2K views

By the Integral Test 8 the infinite series 6ne n OA converges B diverges lhe...

Calculus
1.2K views

se logarithmic erivative x x x x 3 6 x 7 differentiation to determine the

Accounting
1.2K views

4 Milden Company is a merchandiser that plans to sell 29,000 units during...

Accounting
1.2K views

Lilliput, a one-product mail-order firm, buys its product...

Accounting
1.2K views

TB Problem Qu. 14-156 (Algo) Joanette, Incorporated, is considering the purchase... Joanette, Incorporated, is considering...

Accounting
1.2K views

Brielfy discuss the main purposes of orggnaizatial goal setting