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 pharmaceuticals segment for the most recent year. percentage for each line in the report. Round to the nearest hundredth for the variance percentages (for example, if E (Click the icon to view the actual data) 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) (Click the icon to view the budgeted data) Data Table Begin by preparing the pertormance report through the contribution marginine. Next, complete the report througn the sentent margin line, and then, in numbers. Round the variance percentages to the nearest hundredth percent. X.XX%) Performance Report Budgeted sales in units....... 8.700 Clayton - Pharmaceutical Segment Budgeted average selling price per unit 90 For Fiscal Year Ending December 31 Variable Cost of Goods Sold per unit.. s 30 Actual Bugeted Variance Variable Operating Expenses per unit S Variance % 10 Sales $ 876.960 S 783,000 $ 93,960 F 12 Direct Fixed Manufacturing Overhead (in total), $ 85,000 % Less Variable Expenses Direct Fixed Operating Expenses (in total) S 22.000 Common Fixed Expenses Allocated to the Pharmaceutical Variable Cost of Goods Sold 274,050 261.000 13,050 U Segment S 25,000 Variable Operating Expenses 79,170 87,000 9 523.740 Contribution Margin 435,000 20.4 % Data Table Less Direct Fixed Expenses: le Fixed Manufacturing Overhead 88,400 85,000 3400 U % 23.320 22.000 Sales .... S 876,960 Fixed Operating Expenses % Variable Cost of Goods Sold $ 274,050 Segment Margin F 4 Variable Operating Expenses $ 79,170 Choose from any list or enter any number in the input fields and then click Check Answer. Direct Fixed Manufacturing Overhead ..... S 88.400 Direct Fixed Operating Expenses ....... $ 23.320 Help Me Solve This Video Get More Help Common Fixed Expenses $ 26,500 Check Answer 5 % 7,830 F 96 BB.740 F 1320 U