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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

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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: Total High-end Speakers 370,000 $ 1,800 Personal Computers 580,000 $ 1,280 Handheld Devices 470,000 405 $ $ $ $ 430 130 90 70 80 450 150 140 90 100 20 20 15 2 4 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 $68,330,000 45,790,000 65,490,000 $25,860,000 39,390,000 91,590,000 $46,530,000 24,430,000 34,900,000 $38,590,000 72,190,000 47,740,000 13,080,000 Required: 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 Less: Direct fixed costs Total fixed expenses Less: Common fixed costs Total common fixed costs % % % % % % 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)

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