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

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Accounting

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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 Variable expenses Controllable fixed expenses Fixed expenses controllable by others $1,120,000 $920,000 $520,000 84,000 401,000 321,000 151,000 214,000 184,000 74,000 184,000 134,000 In addition to the expenses listed above, the company has $130,000 of common fixed expenses. Income-tax expense for the year is $330,000 Required: 1. Prepare a segmented income statement for Countywide Cable Services, Inc. SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INGC

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