Homework: Chapter 10 Graded Homework Score: 0 of 8 pts 2 of 4 (1 complete) E10-19A (similar to) 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 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.) Prepare each line 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 percentages to the nearest hundredth percent, XXX%) Performance Report Canon - Pharmaceutical Segment For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % Sales % Less Variable Expenses Variable Cost of Goods Sold % Variable Operating Expenses % Contribution Margin % Choose from any list or enter any number in the input fields and then click Check Answer HW Score: 26.67%, 8 of 30 2 of 4 (1 complete Question Help naceuticals segment 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 to 16.24%) ne segment margin line, and then, finally, complete the report through the operating income line. (Enter the variances as positive numbers. Round the variance Clear A Check Answer rel Da Table - X t through the of Sales 746,240 134,640 $ $ Variable Cost of Goods Sold Variable Operating Expenses Direct Fixed Manufacturing Overhead Direct Fixed Operating Expenses Common Fixed Expenses $ 160,160 90,950 22,660 15,260 $ Print Done JULJ undepenses of les pharmaceuticals segment Prepare a segment margin performance report for the each line in the report. Round to the nearest hundredth to 16 24%) ws (all data is in millions) Data Table ca oper: 8,800 CA 80 $ 15 Budgeted sales in units Budgeted average selling price per unit Variable Cost of Goods Sold per unit Variable Operating Expenses per unit Direct Fixed Manufacturing Overhead (in total) Direct Fixed Operating Expenses (in total) Common Fixed Expenses Allocated to the Pharmaceutical Segment $ $ 20 GA 85,000 22.000 14.000 $ $ - $ Print Done