Clayton Industries has gathered the following information about the actual sales revenues and expenses for its 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 238496, round it to 16 24%). 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 is in millions) (Click the icon to view the budgeted data.) 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, X XX%.) Performance Report Clayton Pharmaceutical Segment For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % Data Table Sales Less Variable Expenses Variable Cost of Goods Sold Variable Operating Expenses Contribution Margin Budgeted sales in units Budgeted average selling price per unit Variable Cost of Goods Sold per unit 9,000 95 X Variable Operating Expenses per unit 25 Data Table Direct Fixed Manufacturing Overhead (in total) Direct Fixed Operating Expenses (in total) Common Fixed Expenses Allocated to the Pharmaceutical Segment $ 107,000 21,000 14,000 Sales Variable Cost of Goods Sold Variable Operating Expenses Direct Fixed Manufacturing Overhead Direct Fixed Operating Expenses Common Fixed Expenses S 887,400 S 205,920 $ 211,500 S S 22,890 $ 14,280 Print Done 108,070 Choose from any list or enter any number in the input fields a parts Check