Countywide Cable Services, Inc. is organized with three segments: Metro, Suburban and Outlying.
Data for such segments for the year just ended follow.
Metro Suburban Outlying:
Service revenue...................................... $1,000,000 $800,000 $400,000
Variable expenses.................................. 200,000 150,000 100,000
Controllable fixed expenses.................... 400,000 320,000 150,000
Fixed expenses controllable by others ..................... 230,000 200,000 90,000
In addition to the expenditures listed above, the company has $95,000 of common fixed expenses.
Income-tax expense for the year is $145,000.
Required:
Make a segmented income statement for Countywide Cable Services, Inc. Utilize the contribution format.