Campbell Industries has gathered the following information about the actual sales revenues and expenses

for its pharmaceuticals segment for the most recent year $($all data is in millions$).$

$($Click the icon to view the actual data.$)$

Budgeted data for the same time period for the pharmaceutical segment are as follows $($all data is

in millions$)$:

$($Click the icon to view the budgeted data.$)$

Prepare a segment margin performance report for the pharmaceutical segment. Calculate a variance

and a variance percentage for each line in the report. Round to the nearest hundredth for the

variance percentages $($for example, if your answer is $16\mathrm{.}2384\%,$ round it to $16\mathrm{.}24\%).$

line. $($Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, XXX$\%.)$

Performance Report

Campbell $-$ Pharmaceutical Segment

For Fiscal Year Ending December $31$Campbell Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. $($Click the icon to view the actual data.$)$ Budgeted data for the same time period for the pharmaceutical segment are as follows $($all data are in millions$)$: $($Click the icon to view the budgeted data.$)$ Prepare a segment margin performance report for the pharmaceutical segment. Calculate a variance and a variance percentage for each line in the report. Round to the nearest hundredth for the variance percentages $($for example, if your answer is $\backslash (16\mathrm{.}2384\backslash \%\backslash ),$ round it to $\backslash (16\mathrm{.}24\backslash \%\backslash )).$ Begin by preparing the performance report through the contribution margin line. Next, complete the report through the segment margin line, and then, finally, complete the report through the operating income line. $($Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, $\backslash ($ X $.$ X X $\backslash \%\backslash ).)$Data tableData tableCampbell Industries has gathered the following information about the actual sales revenues and expenses

for its pharmaceuticals segment for the most recent year $($all data is in millions$).$

$($Click the icon to view the actual data.$)$

Budgeted data for the same time period for the pharmaceutical segment are as follows $($all data is

in millions$)$:

$($Click the icon to view the budgeted data.$)$

Prepare a segment margin performance report for the pharmaceutical segment. Calculate a variance

and a variance percentage for each line in the report. Round to the nearest hundredth for the

variance percentages $($for example, if your answer is $16\mathrm{.}2384\%,$ round it to $16\mathrm{.}24\%).$

line. $($Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, XXX$\%.)$

Performance Report

Campbell $-$ Pharmaceutical Segment

For Fiscal Year Ending December $31$

Sales $-824,320$

Variable cost of goods sold $-185,840$

Variable operating expenses $-229,632$

Direct fixed manufacturing overhead $-102,600$

Direct fixed operating expenses $-16,960$

Common fixed expenses $-17,340$

Budgeted sales in units $-9,200$

Budgeted average selling price per unit $-80$

Variable cost of goods sold per unit $-20$

Variable operating expenses per unit $-26$

Direct fixed manufacturing overhead $($in total$)-95,000$

Direct fixed operating expenses $($in total$)-16,000$

Common fixed expenses allocated to the pharmaceutical segment $-17,000$