incorrect,E10-19A (similar to)

Question Help

CampbellCampbell

Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year.

LOADING...

?(Clickthe 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):

LOADING...

?(Clickthe 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? 16.2384%, 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 income line.? (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth? percent, X.XX%.)

Performance Report
Campbell - Pharmaceutical Segment
For Fiscal Year Ending December 31
	Actual	Bugeted	Variance		Variance %
Sales	1186.800			F		%
Less Variable Expenses:
Variable Cost of Goods Sold	93740			U		%
Variable Operating Expenses	138890			U		%
Contribution Margin				F		%

Choose from any list or enter any number in the input fields and then click Check Answer.

2

parts remaining

incorrect,E10-19A (similar to)

Question Help

CampbellCampbell

Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year.

LOADING...

?(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):

LOADING...

?(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? 16.2384%, 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 income line.? (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth? percent, X.XX%.)

Performance Report
Campbell - Pharmaceutical Segment
For Fiscal Year Ending December 31
	Actual	Bugeted	Variance		Variance %
Sales	1186.800			F		%
Less Variable Expenses:
Variable Cost of Goods Sold	93740			U		%
Variable Operating Expenses	138890			U		%
Contribution Margin				F		%

Choose from any list or enter any number in the input fields and then click Check Answer.

2

parts remaining

Clear All

Check Answer

Variable Operating Expenses	138890			U		%
Contribution Margin				F		%

Choose from any list or enter any number in the input fields and then click Check Answer.

2

parts remaining

Clear All

Check Answer

incorrect,E10-19A (similar to)

Question Help

CampbellCampbell

Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year.

LOADING...

?(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):

LOADING...

?(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? 16.2384%, 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 income line.? (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth? percent, X.XX%.)

Performance Report
Campbell - Pharmaceutical Segment
For Fiscal Year Ending December 31
		Actual	Bugeted		Variance			Variance %
Sales		1186.800					F			%
Less Variable Expenses:
Variable Cost of Goods Sold		93740					U			%
Variable Operating Expenses		138890					U			%
	Budgeted sales in units			8,600
	Budgeted average selling price per unit			$120
	Variable Cost of Goods Sold per unit			$10
	Variable Operating Expenses per unit			$17
	Direct Fixed Manufacturing Overhead (in total)			$88,000
	Direct Fixed Operating Expenses (in total)			$30,000
	Common Fixed Expenses Allocated to the Pharmaceutical Segment			$20,000
Contribution Margin							F			%

Choose from any list or enter any number in the input fields and then click Check Answer.

Clear All

Check Answer