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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 20X5, 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 20X5, it compiled the following budgeted data: Total High-End Speakers 260,000 $ 1.500 Personal Computers 470,000 1,170 Handheld Devices 380,000 S 295 450 100 60 40 400 80 70 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 $ 44,570,000 29,860,000 42,720,000 $ 46,160,000 13,990,000 160,000,000 $ 15,960,000 8,060,000 9,470,000 $ 33,530,000 56,960,000 35.620,000 22,300,000 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 Total Handheld Devices Company Less: Variable costs: Total variable expenses 0S 0S 0S Less: Direct fixed costs Total fixed expenses 0 s os 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 Total Handheld Devices Company Less: Common fixed expenses Allocated portion Net income (loss)
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