Quiz: Quiz 10 - Chapter 10 Question 1 c Carling Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. (Click the icon to view the actual data.) Budgeted data for the same time period for the pharmaceutical segment are as follows (all data are in millions): (Click the icon to view the budgeted data.) Variable Cost of Goods Sold Variable Operating Expenses Contribution Margin Less Direct Fixed Expenses: Fixed Manufacturing Overhead Fixed Operating Expenses Segment Margin Less Common Fixed Expenses allocated to the profit center Operating Income % % de de d % % de de de % % % de de %