Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Score: 1.27 of 3 pts 2 of 9 (3 complete) %E10-19A (similar to) Carling Industries has gathered the following information about the actual sales revenues

image text in transcribed
image text in transcribed
image text in transcribed
Score: 1.27 of 3 pts 2 of 9 (3 complete) %E10-19A (similar to) 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.) Prepare as variance pe example, if Begin by preparing the performance report through the contribution margin line. Next, complete the report through the segment variances as positive numbers. Round the variance percentages to the nearest hundredth percent, X.XX%.) Performance Report Carling - Pharmaceutical Segment For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % $ 892,800 $ 744,000 $ 148,800 F 20 Sales % Less Variable Expenses: Variable Cost of Goods Sold 354,795 325,500 29,295 U Choose from any list or enter any number in the input fields and then click Check Answer 1 part Clear All remaining 892,800 $ 744,000 $ 148,800 F % Sales 29,295 U 9 % 354,795 89,280 325,500 93,000 4 % 3,720 F 123,225 F 448,725 325,500 37.86 % Less Variable Expenses. Variable Cost of Goods Sold Variable Operating Expenses Contribution Margin Less Direct Fixed Expenses: Fixed Manufacturing Overhead Fixed Operating Expenses Segment Margin % % % ecent year example, if your answer is 16.2384%, round to 16 24%) for the harmaceuticalsemata data Data Table 5 - X Data Table Sales... $ Variable Cost of Goods Sold Variable Operating Expenses Direct Fixed Manufacturing Overhead .... Direct Fixed Operating Expenses $ Common Fixed Expenses 892 800 354796 19 200 100,150 25 250 22.440 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 Segments 9,300 80 35 10 103.000 20.000 22.000 Print Done Print Dono number Clear All Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Regulation In Japan Evolution And Development From 2001 To 2015

Authors: Masatsugu Sanada, Yoshihiro Tokuga

1st Edition

0367221071, 9780367221072

More Books

Students also viewed these Accounting questions

Question

What is nonverbal communication?

Answered: 1 week ago