Reference no: EM131327114
Tri-County 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 $ 1,050,000 $ 850,000 $ 450,000
Variable expenses 170,000 120,000 70,000
Controllable fixed expenses 380,000 300,000 130,000
Fixed expenses controllable by others 200,000 170,000 60,000
In addition to the expenses listed above, the company has $95,000 of common fixed expenses.
Income-tax expense for the year is $295,000.
Required: 1. Prepare a segmented income statement for Tri-County Cable Services, Inc.
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