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Prairie Electronics, located in Regina, manufactures three product lines:(1) high-end speakers,(2) personalcomputers, and(3) handhelddevices. For 2020, it compiled the following budgeted data: High-end SpeakersPersonal ComputersHandheld

Prairie Electronics, located in Regina, manufactures three product lines:(1) high-end speakers,(2) personalcomputers, and(3) handhelddevices. For 2020, it compiled the following budgeted data:

High-end SpeakersPersonal ComputersHandheld DevicesTotalSales (in units)330,000540,000430,000Price (per unit)$1,600$1,240$365Variable costs per unit:Direct materials$390$350$40Direct labour12015050Overhead8014030Shipping60908Sales commissions7010010Direct fixed costs:Salaries$59,350,000$48,410,000$38,370,000Utilities39,770,00053,570,00011,900,000Depreciation56,890,000109,670,00028,780,000Common fixed costs:Corporate salaries$31,820,000Building depreciation26,540,000Legal & accounting39,360,000Other10,790,000

Required:

1. & 2.Create 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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