12. Franks' Sporting Goods Manufacturing Company had the following results for the month of October: riance % Requirements: 1. Complete the performance report ( 2.5 points) 2. Based on the data presented what type of responsibility center is this entity ( 2.5 points) 3. Which items should be investigated if management's criteria is a variance exceeding $2,500 or 8% ( 2.5 points) 4. Should only unfavorable variances be investigated? And why? ( 2.5 points)