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Clifford Industries has gathered the following information about the actual sales revenues and expenses for...

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Accounting

Clifford 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%)
numbers. Round the variance percentages to the nearest hundredth percent, X.XX%.)
Performance Report
Clifford - Pharmaceutical Segment
For Fiscal Year Ending December 31
Data table
image

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