LO6-Performance Reporting 1 Sever Help Save & Exit Exercise 12-1 Preparing a Segment Performance Report (LO1 - CC3) Indi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists of three divisions: (1) financial services, (2) health services, and (3) transportation services. For 2019, it recorded the following data: B points Sales revenues Financial Services $4,040,000 Variable costs (of sales) 298 Traceable fixed conta 2,154,000 Health Services $5,200,000 2,751,000 40% Transportation Services $2,013,000 446 732,900 Total $11,341,000 Book Common fixed costs 5,637,900 1,200,000 Required: Print References 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Exhibit 12-3 as a guide. (Round "Percentage" answers to 2 decimal places.) INDI SERVICES CORPORATION Segment Performance Report Profit Centres Financial Services Health Services Transportation Services Total Company Sales revenues Less: Variable costs Contibution margin Less: Traceable fixed costs Segment margin Less: Common fixed costs Operating income Segment margin % pos 1 Required: 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Cabild 12-2 as a guide. (Round "Percentage" answers to 2 decimal places.) INDI SERVICES CORPORATION Segment Performance Report Financial Services Profit Centres Health Services Transportation Services Total Company Less Variable costs Bock Sales revenues Puy References Contribution margin Less: Traceable fixed costs Segment margin Less: Common fixed costs Operating income Segment margin % 2. Which segment is most profitable? Financial Services O Health Services Transportation Services