Suo Yin& 9/29/19 5:08 PM ACC241 Uses of Acctg Info II - Fall 19 A Homework: Chapter 10 Homework (required) Save 3 of 9 (6 complete) Score: 0 of 1 pt HW Score: 44.8%, 4.48 of 10 pts E10-19A (similar to) Question Help 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%). Carling Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year E(Click the icon to view the actual data.) Budgeted data for the same time period for the pharmaceutical segment are as follows (all data is in millions) E(Click the icon to view the budgeted data.) Data Table Begin by preparing the performance report through the contribution margin line. Next, complete the report through the segment margin line, and then, finally, complet the variance percentages to the nearest hundredth percent, X.XX%.) ositive numbers. Round Sales 1,504,800 $ Variable Cost of Goods Sold 88,880 Performance Report Variable Operating Expenses $ 165,440 Carling Pharmaceutical Segment Direct Fixed Manufacturing Overhead $ 105,060 For Fiscal Year Ending December 31 Direct Fixed Operating Expenses 26,500 Actual Bugeted Variance % Variance Common Fixed Expenses $ 19,570 Sales % Less Variable Expenses X Data Table Variable Cost of Goods Sold % Variable Operating Expenses % Contribution Margin % Budgeted sales in units. 8,800 Budgeted average selling price per unit 150 Variable Cost of Goods Sold per unit $ 10 Variable Operating Expenses per unit $ 20 $ 103,000 Direct Fixed Manufacturing Overhead (in total) Choose from any list or enter any number in the input fields and then click Check Answer ? Direct Fixed Operating Expenses (in total) $ 25,000 parts remaining $ 2 Common Fixed Expenses Allocated to the Pharmaceutical Segment 19,000 Check Answer Clear