Drizzdale Industries has gathered the following information about the actual sales Prepare a segment margin performance report for the pharmaceutical segment. revenues and expenses for its pharmaceuticals segment for the most recent Calculate a variance and a variance percentage for each line in the report year. Round to the nearest hundredth for the variance percentages (for example, (Click the icon to view the actual data.) your 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 hundredth percent XXX%) Performance Report Drizzdale - Pharmaceutical Segment For Fiscal Ending cember 31 Actual Bugoted Variance Variance % Sales % 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 Less Common Fed Expenses allocated to the profit conter Operating income ini P line - ..... gathered the following information about the actual sales Prepare a segment margin performance report for the pharma for its pharmaceuticals segment for the most recent ages ew the actual data.) @ Data Table ame time period for the pharmaceutical segn millions): ew the budgeted data.) Sales 866,320 Variable Cost of Goods Sold $ 143,325 performance report through the contribution and the ough the operating income line. (Enter the va Variable Operating Expenses $ 162,162 rest he Direct Fixed Manufacturing Overhead .$ 96,300 Performance Report Direct Fixed Operating Expenses 17,280 Drizzdale - Pharmaceutical S Common Fixed Expenses $ 14,140 For Fiscal Year Ending Dece Actual Bud Point 0 Data Table - X ses Soo 9,100 85 Mard xpen ring 15 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 $ 18 Expl ... argin BE 90,000 16,000 14,000 d Exd rofit Print Done