Beau County Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended as follows: Metro Suburban Outlying Service Revenue₱ 90,000 ₱ 70,000 ₱ 35,000 Variable Expenses15,000 10,000 5,000 Controllable Fixed Expenses30,000 25,000 10,000 Fixed Expenses controllable by others20,000 15,000 5,000 In addition to the expenses listed above, the company has ₱6,000 common fixed expenses. The income tax expense for the year is ₱21,000.What is the net income after tax of Beau County Cable Services, Inc? Show solutionGroup of answer choices₱ 33,000₱ 35,000₱ 54,000₱ 60,000

1. Variable expense are all related to the segment and incurred during production and generation of…

Answered: three segments: Metro, Suburban, and…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Beau County Cable Services, Inc. is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended as follows:

	Metro	Suburban	Outlying
Service Revenue	₱ 90,000	₱ 70,000	₱ 35,000
Variable Expenses	15,000	10,000	5,000
Controllable Fixed Expenses	30,000	25,000	10,000
Fixed Expenses controllable by others	20,000	15,000	5,000

In addition to the expenses listed above, the company has ₱6,000 common fixed expenses. The income tax expense for the year is ₱21,000.

What is the net income after tax of Beau County Cable Services, Inc? Show solution

Group of answer choices

₱ 33,000

₱ 35,000

₱ 54,000

₱ 60,000

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