Homework: Chapter 10 Homework Score: 0 of 3 pts E10-19A (similar to) Clifford Industries has gathered the following information about the actual sales revenues and expenses for Prepare a segment margin performance report for the pharmaceuical segment Calculate a variance anda 2 of 9 (4 complete) Hw Score: 29.23%, 5.85 of 20 pts Question Help its pharmaceuticals segment for the most recent year variance percentage for each line in the report. Round to the nearest hundredth for the variance percentages (for example, if your answers 16.2084%, rond it "'624%). (Cick the ioon to view the achai data.) Budgeted data for the same time period for the pharmaceutical segment are as tollows (ail data is in millions) EEE (Click the loon to view the budgeted data.) Begin by preparing the performance report through the contribution margin line. Next, complete the (Enter the variances as positive numbers. Round the variance peroentages to the nearest hundredth percent, Xxx) report through the segment margin line, and then, finaly, complete the report theough the operating income line. Performance Report Clifford - Pharmaceutical Segment For Fiscal Year Ending December 31 ariance % Sales Less Variable Expenses Data Table Variable Cost of Goods Sold Data Table Variable Operating Expenses Budgeted sales in units Budgeted average selling price per unit Variable Cost of Goods Sold per unit Variable Operating Expenses per unit. Direct Foxed Manufacturing Overhead (in total) Direct Fixed Operating Expenses (in total) Common Fixed Expenses Allocaped to the Pharmaceutical Segment 15,000 9 200 Contribution Margin 844,560 $ 253,552 S 124,200 Sales Variable Cost of Goods Sold Variable Operating Expenses Direct Fixed Manufacturing Overhead Direct Fixed Operating Expenses Common Fixed Expenses 26 15 85,000 $ 21,000 90,950 $ 21,420 $ 16.500 Choose from any list or enter any n 888 ra 8 7 9 6