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Homework answers / question archive / Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices

Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices

Accounting

Prairie Electronics, located in Regina, manufactures three product lines: (1) high-end speakers, (2) personal computers, and (3) handheld devices. For 2020, it compiled the following budgeted data: 
                                   High-end           Personal         Handheld             Total

                                   speakers           computers       devices

Sales (in units)            410,000             620,000          510,000

Price (per unit)             $ 1,500              $ 1,320          $ 445

Variable costs per unit:

Direct materials            $ 370                 $ 370             $ 50

Direct labour                   120                    140                 25

Overhead                         80                     130                50

Shipping                          60                      80                  4

Sales commissions         70                      90                  2

Direct fixed costs: 
Salaries                      $77,700,000      $ 83,620,000     $55,470,000

Utilities                         52,060,000          65,470,000      17,210,000

Depreciation                74,470,000          134,040,000      41,610,000 
Common fixed costs:

Corporate salaries                                                                                     $46,000,000

Building depreciation                                                                                  38,380,000

Legal & accounting                                                                                     56,920,000

Other                                                                                                          15,600,000 
Required: 1. & 2. Prepare a segmented performance report: Compute the contribution margin percentage and segment margin percentage. (Round "Percentage" answers to 1 decimal place, (i.e., 0.123 should be considered as 12.3%).) 
 

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