rgin line. Next, complete the report through the segment margin line, and then, finally, complete the report through the operating income line (Enter the variances as ment ber 31 Variance Variance % I Variance Variance \% x .5 8.500 110 22 20 5. 107000 s 21,000 Data table x Cantoe lndistries has gathered the following inlormation about the actual sales revenues and expenses for ti pharmaceuficals segment for the most recent year Fing (Csck the icon to view the achail data) Budgeted data for the same time period for the pharmaceuficat segmens are as follows (all data are in milliens) Tifl (Click the icon to view the budgeted data) Prepare a segment margin performance report for the pharmaceu for each line in the repert. Round to the nearest hundredth for the round it to 1624% ) percentages to the nearest bundreath percent, 0.) Peflomance Report Caxton - Pharmeceutical Segment For Fincal Year Ending December 31 Data table Variable Bost of Coods sold 5205.700 Variable Operating Expenses. 5164900 Direct Fised Mansfacturing Overhead . .5. Deect Faed Operating Fapenses ... Common Fixed Expenses. Prepare a segment margin performance report for the pharmaceutical segment Calculate a variance and a variance percentage for each line in the report Round to the nearest hundredth for the variance percentages (for example, if your answer is 16.2384%, round it to 16.24% ) gin line, and then, finally, complete the report through the operating income line. (Enter the variances as positive numbers. Round the variance. Data table Sales. Variable bost of Goods Sold... x Variable Operating Expenses... Direct Fixed Manufacturing Oyerhead ...... \$ 108,070 Direct Fixed Operating Expenses .......... \$ 22.050 Common Fixed Expenses ............... \$ 20,400 gin by preparing the performance report through the contribution margin line. Next, complete the report through the rcentages to the nearest hundredth percent, X.XX\%.) Performance Report Caxton - Pharmaceutical Segment For Fiscal Year Ending December 31 Data table Budgeted sales in units. Budgeted average selling price per unit Variable Cost of Goods Sold per unit. Variable Operating Expenses per unit. Direct Fixed Manufacturing Overhead (in total) Direct Fixed Operating Expenses (in total) Common Fixed Expenses Allocated to the Pharmaceutical Segment $20,000 Get m Caxton 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.) Begin by preparing the performance report through the contribution margin line Next, complete the report through the segment margin line, and th percentages to the nearest hundredth percent, XXX% ) Performance Report Caxton - Pharmaceutical Segment For Fiscal Year Ending December 31 Sales Less Variable Expenses Variable Cost of Goods Sold Variable Operating Expenses Contribution Margin Actual Bugeted Variance Variance %
