UrLink Company is a newly formed company specializing in high speed Internet service for home...
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UrLink Company is a newly formed company specializing in high speed Internet service for home and business The owner Lenny Kirkland 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 Lenny 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 2020 Service revenue Allocated portion of Building depreciation Advertising Billing Property taxes Material and supplies Supervisory salaries Insurance Wages Gas and oil Equipment depreciation Budgeted 25 800 25 200 10 200 5 200 3 300 1 200 1 400 8 500 3 700 2 800 2 600 1 400 Actual 10 200 4 400 2 700 1 200 1 300 9 700 3 400 3 600 3 100 1 100 Prepare a responsibility report for the first quarter of 2020 for the Home Internet Service Segment URLINK COMPANY Home Internet Services Segment
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