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please solve correctly Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices. For 2020, it
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Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices. For 2020, it compiled the following budgeted data: High-end Speakers 360,000 1,500 Total Personal Computers 570,000 1,270 Handheld Devices 460,000 $ 395 s $ $ $ 400 110 70 50 60 380 100 90 40 50 80 15 35 5 7 Sales (in units) Price (per unit) Variable costs per unit: Direct materials Direct labour Overhead Shipping Sales commissions Direct fixed costs: Salaries Utilities Depreciation Common fixed costs: Corporate salaries Building depreciation Legal & accounting Other $66,050,000 44,260,000 63,300,000 $ 73,970,000 67,910,000 138,560,000 $44,420,000 13,770,000 33,310,000 $46,840,000 70,740,000 65,570,000 26,490,000 Required: 1. & 2. Prepare a segmented performance report; Compute the contribution margin percentage and segment margin percentage. (Round "Percentage" answers to 1 decimal place, (i.e., 0.123 should be considered as 12.3%).) PRAIRIE ELECTRONICS Segment Performance Report Profit Centres High-end Personal Speakers Computers Handheld Devices Total Company Less: Variable costs: Total variable expenses 0 0 $ 0 Less: Direct fixed costs Total fixed expenses 0 $ 0 $ 0 $ 0 Less: Common fixed costs Total common fixed costs 0 % % % % % 3-a. Allocate the common fixed expenses equally to the three segments and prepare a performance report. (Negative amounts should be indicated with a minus sign.) PRAIRIE ELECTRONICS Profit Centres High-end Personal Speakers Computers Handheld Devices Total Company Less: Common fixed expenses Allocated portion Net income (loss)Step by Step Solution
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