Carling Industries has gathered the following information about the actual sales revenues and Prepare a segment margin performance report for the pharmaceutical segment. Calculate a expenses for its pharmaceuticals segment for the most recent year. variance and a variance percentage for each line in the report. Round to the nearest a (Click the icon to view the actual data.) hundredth for the variance percentages (for example. if your answer is 16.2384%, round it . . . to 16.24%). Budgeted data for the same time period for the pharmaceutical segment are as follows (all data are in millions): a (Click the icon to view the budgeted data.) V Begin by preparing the performance report through the contribution margin line. Next, complete the report through the segment margin line, and then, nally, complete the report through the operating income line. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent. X.XX%.) Performance Report Carling - Pharmaceutical Segment For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % Sales /o Less Variable Expenses: Variable Cost of Goods Sold % Variable Operating Expenses "/0 Contribution Margin "/o Data table Data table Budgeted sales in units ....................................... 9,200 Budgeted average selling price per unit ......................... $ 80 Sales IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII 3 839,040 Variable Cost of Goods Sold per unit ............................ $ 18 Variable Cost of Goods Sold IIIIIIIIIIIII $ 170,568 Variable Operating Expenses per unit ........................... $ 20 Variable Operating Expenses IIIIIIIIIIII $ 172,960 Direct Fixed Manufacturing Overhead (in total) ................... $ 107,000 Direct Fixed Manufacturing Overhead IIIII $ 111,280 Direct Fixed Operating Expenses (in total) ....................... $ 21000 Direct Fixed Operating Expenses IIIIIIIII $ 22,260 Common Fixed Expenses Allocated to the Pharmaceutical Segment $ 14,000 Common Fixed Expenses IIIIIIIIIIIIIII $ 141700