Clifford 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 $16\mathrm{.}2384\%,$ round it to $16\mathrm{.}24\%)$

numbers. Round the variance percentages to the nearest hundredth percent, X$.$XX$\%.)$

Performance Report

Clifford $-$ Pharmaceutical Segment

For Fiscal Year Ending December $31$

Data table