The second pic is the correct one
Caxton Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals Prepare a segment margin performance report for the pharmaceutical segment Calculate a variance and a variance segment for the most recent year. percentage for each line in the report. Round to the nearest hundredth for the variance porcentages (for example, if your (Click the icon to view the actual data.) answer is 16.2384%, round it to 16.24%). 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 then, finally, complete the report through the operating income line. (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredith percent, X.XX%.) Performance Report i Data Table Caxton - Pharmaceutical Segment For Fiscal Year Ending December 31 Actual Bugeted Variance Variance % Sales $ 1,380,400 Sales % Variable Cost of Goods Sold $ 216.240 Less Variable Expenses Variable Operating Expenses $ 129,200 Variable Cost of Goods Sold % Direct Fixed Manufacturing Overhead $ 111.240 U $ Direct Fixed Operating Expenses Variable Operating Expenses 27.500 A Data Table $ Common Fixed Expenses 15,750 Contribution Margin Print Done 8,500 140 24 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 $ 16 103,000 25,000 Choose from any list or enter any number in the input fields and then click Check A ? 15,000 2 parts 2 remaining Check Answer Caxton Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals Prepare a segment margin performance report for the pharmaceutical segment. Calculate a variance and a variance segment for the most recent year percentage for each line in the report. Round to the nearest hundredth for the variance percentages (for example, if your (Click the icon to view the actual data.) answer is 16.23B4%, round it to 16.24%) Budgeted data for the same time period for the pharmaceutical segment are as follows (all data are in millions): B (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 then, finally complete the report through the operating income line. (Enter the variances as positive number Round the variance percentages to the nearest hundredth percent, XXX%.) Performance Report i Data Table Caxton - Pharmaceutical Segment For Fiscal Year Ending December 31 Sales Actual Variance Bugeted $ 1,380,400 Variance % Variable Cost of Goods Sold $ 216.240 Sales % Variable Operating Expenses $ 129,200 Less Variable Expenses: Direct Fixed Manufacturing Overhead . 111,240 Variable Cost of Goods Sold % Variable Operating Expenses % Data Table Contribution Margin % 8,500 140 24 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 $ 16 103,000 25,000 15,000 Choose from any list or enter any number in the input fields and then click Check
