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CA Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices. For 20X5, it compiled the
CA Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices. For 20X5, it compiled the following budgeted data: High-End Personal Handheld Speakers Computers Devices Total Sales (in units) 320,000 530,000 420,000 Price (per unit) $ 1,700 $ 1,230 355 Variable costs per unit: Direct materials 420 400 25 Direct labour 120 140 45 Overhead 80 130 50 Shipping 60 80 6 Sales commissions 70 90 9 Direct fixed costs: Salaries $ 57,170,000 $ 66,600,000 $ 36,450,000 Utilities 38,310,000 52,150,000 11,300,000 Depreciation 54,800,000 86,770,000 27,340,000 Common fixed costs: Corporate salaries $ 30,230,000 Building depreciation 25,210,000 Legal & accounting 37,390,000 Other 10,250,000 Required: Prepare a segmented performance report: Compute the contribution margin percentage and segment margin percentage (Round "Percentage" answers to 1 decimal place, (i.e., 0.123 should be considered as 12.3%).) PRAIRIE ELECTRONICS Segment Performance Report Profit Centres High-End Personal Speakers Computers Handheld Devices Total Company Less: Variable costs: Total variable expenses $ 0 $ 0 $ 0 $ 0 Less: Direct fixed costs Total fixed expenses HA 0 $ 0 $ 0 0 Less: Common fixed costs Total common fixed costs 0 % % % % % Allocate the common fixed expenses equally to the three segments and prepare a performance report. (Negative amounts should be indicated with a minus sign.) PRAIRIE ELECTRONICS Profit Centres High-End Personal Speakers Computers Handheld Devices Total Company Less: Common fixed expenses Allocated portion Net income (loss)
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