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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

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 Personal Computers Handheld Devices Total
Sales (in units) 400,000 610,000 500,000
Price (per unit) $ 1,500 $ 1,310 $ 435
Variable costs per unit:
Direct materials $ 430 $ 360 $ 35
Direct labour 100 80 50
Overhead 60 70 35
Shipping 40 20 10
Sales commissions 50 30 4
Direct fixed costs:
Salaries $ 75,320,000 $ 81,650,000 $ 53,160,000
Utilities 50,470,000 85,030,000 16,490,000
Depreciation 72,190,000 240,880,000 39,880,000
Common fixed costs:
Corporate salaries $ 44,080,000
Building depreciation 36,780,000
Legal & accounting 54,550,000
Other 14,950,000

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%).)

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.)

3-b. This part of the question is not part of your Connect assignment.

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