Carvell 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 16.2384%, round it lo 18.24%). Data table Begin by preparing the performance report through the contribution margin line. Next, complete the report through the segme to the nearest hundredth percent, XXX%) Sales. $ 1,277,640 line. (Enter the variances as positive numbers. Round the variance percentages Variable Cost of Goods Sold. $ 331,240 Variable Operating Expenses $ 133,952 Performance Report Carvell - Pharmaceutical Segment For Fiscal Year Ending December 31 Direct Fixed Manufacturing Overhead Direct Fixed Operating Expenses $ 98,980 $ 24,610 Common Fixed Expenses 17,800 Actual Bugeted $ 1,277,640 $ Variance 1,183,000 5 94,840 F Variance % Sales % Lees Variable Expenses: Variable Cost of Goods Sold 331,240 133,952 318,500 145,800 12,740 U 4 % Print Done Variable Operating Expenses 812,448 718,900 11,848 F 93,548 % F 13.01 Contribution Margin % Data table Less Direct Fixed Expenses: Fixed Manufacturing Overhead 88,880 88,000 880 U 1 % 24,610 23,000 1,610 7 Fixed Operating Expenses % 64270 85000 Segment Margin 730 F % Budgeted sales in units.... Budgeted average selling price per unit. 9,100 130 Variable Cost of Goods Sold per unit $ 35 Variable Operating Expenses per unit... $ 16 Direct Fixed Manufacturing Overhead (in total) $ 88,000 Direct Fixed Operating Expenses (in total) $ 23,000 Common Fixed Expenses Allocated to the Pharmaceutical Segment $ 16,000