E Homework: Chapter 10 Homework Question 2, E10-21A (si.. Part 1 of 3 HW Score: 9.09%, 0.91 of 10 points O Points: 0 of 2 Save Canon Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. (Click the bon 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 segriert margin performance repori for the pharmaceutical segment. Calculate a variance and a variance percentage for each line in the report. Round to the nearest hundrecth for the variance percentages (for example, if your answer is 16.2384%, round it to 16.24%) 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 incorrie line. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, XXX%) Performance Report Canon - Pharmaceutical Segment Data Table For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % Sales % Sales...... S 729.280 Leas Variable Expenses Variable Cost of Goods Sold. S 140 610 Variable Cost of Goods Sold % Variable Operating Expenses ... S 139 320 Variable Operating Expenses % Direct Fixed Manufacturing Overhead ... S 113300 Contribution Margin Direct Fixed Operating Expenses...... S S 24.480 % Common Fixed Expenses S 21.840 - X Data Table Print Done 8,600 80 15 Budgeted sales in units........ Budgeted average selling price per unit. S Variable Cost of Goods Sold per unit . S Variable Operating Expenses per unit... 5 Direct Fixed Manufacturing Overhead (in total) S Direct Fixed Operating Expenses (in total). S Common Fixed Expenses Allocated to the Pharmaceutical Segment S 18 103,000 S 24,000 21,000 Held Clear All Check