Actual data

Print Budgeted data Requirement

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 $16\mathrm{.}2384\%,$ round it to $16\mathrm{.}24\%).$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, X$.$XX$\%.)$

Performance Report

Caxton $-$ Pharmaceutical Segment

For Fiscal Year Ending December $31$

Less Variable Expenses:

Variable Cost of Goods Sold

Variable Operating Expenses

$\%$

$\%$

$\%$

Contribution Margin

$\%$