Campbell Industries has gathered the following information about the actual sales revenues and expenses for its...
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Campbell 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 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 %) Data table Sales $ 1,236,480 Variable Cost of Goods Sold $ Variable Operating Expenses $ Direct Fixed Manufacturing Overhead $ Direct Fixed Operating Expenses ........ $ Common Fixed Expenses $ .... 246,376 150,696 106,050 23,540 26,250 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 $ $ ... 9,200 120 26 18 105,000 22,000 25,000 Campbell 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 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 %) Data table Sales $ 1,236,480 Variable Cost of Goods Sold $ Variable Operating Expenses $ Direct Fixed Manufacturing Overhead $ Direct Fixed Operating Expenses ........ $ Common Fixed Expenses $ .... 246,376 150,696 106,050 23,540 26,250 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 $ $ ... 9,200 120 26 18 105,000 22,000 25,000
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Sales Revenue Actual Sales Revenue 1236480 Given Variable Cost of Goods Sold VCOGS Actual VCOGS 246376 Given Budgeted ... View the full answer
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