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 $ 1,040,000 $ 860,000 $ 400,000 Variable expenses 280,000 156,000 110,000 Controllable fixed expenses 400,000 326,000 156,000 Fixed expenses controllable by others 236,000 280,000 91,000 In addition to the expenses listed above, the company has $98,000 of common fixed expenses. Income-tax expense for the year is $45,000.

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	$	1,040,000		$	860,000		$	400,000
Variable expenses		280,000			156,000			110,000
Controllable fixed expenses		400,000			326,000			156,000
Fixed expenses controllable by others		236,000			280,000			91,000

    

In addition to the expenses listed above, the company has $98,000 of common fixed expenses. Income-tax expense for the year is $45,000.

  

Required:

1.	Prepare a segmented income statement for Countywide Cable Services, Inc. (Input all amounts as positive values. Omit the "$" sign in your response.)

  

SEGMENTED INCOME STATEMENTS: COUNTYWIDE CABLE SERVICES, INC.
	Countywide	Segments of Company
	Cable
	Services	Metro	Suburban	Outlying
Service revenue	$ 2,300,000	$ 1,040,000	$ 860,000	$ 400,000
Variable expenses	546,000	280,000	156,000	110,000
Segment contribution margin	$ 1,754,000	$ 760,000	$ 704,000	$ 290,000
Less : Fixed expenses controllable by        segment manager	882,000	400,000	326,000	156,000
Profit margin controllable by segment manager	$ 872,000	$ 360,000	$ 378,000	$ 134,000
Less : Fixed expenses, traceable to        segment, but controllable by others	607,000	236,000	280,000	91,000
Profit margin traceable to segment	$ 265,000	$ 124,000	$ 98,000	$ 43,000
Less : Common fixed expenses	98,000
Income before taxes	$ 167,000
Less : Income tax expense	45,000
Net income	$ 122,000