allesi Ost month. (Click the icon to view the financial results.) Data table - X and select wheth Flexible Budget % Variance (F Variance (F or U) or U) Subunit X Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin Actual Results Flexible Budget $ 479,000 $ 451,000 265,000 255,000 214,000 196,000 36,000 29,000 $ 178,000 $ 167,000 Print Done exceeding $6,000 ar Management should investigate the following: (1 an input field is not used in the table, leave the input field empty) Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number and select whether the variance is Actual Flexible Flexible Budget % Variance Subunit X Results Budget Variance (For U) (For U) Net Sales Revenue $ 479,000 $ 451,000 % Variable Expenses 265,000 255.000 % Contribution Margin $ 214,000 $ 190,000 % Traceable Fixed Expenses 36.000 29,000 Divisional Segment Margin $ 178,000 $ 167,000 Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? This performance report includes therefore, this subunit must be Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $6,000 and exceeding 10% (be Management should investigate the following: (1 an input field is not used in the table, Wave the input field empty) Requirement 4. Should only unfavorable variances be investigated? Explain. Managers should investigate Favorable expense variances Requirement 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain The flexible budget variances due to sales volume differences between budget and actual. Differences in sales volume are captured by the Requirement 6. Will management place equal weight on each of the variances exceeding $8,000? Explain. Management will Requirement 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a load or a lag indicator? because Requirement 4. Should only unfavorable variances be investigated? Explain Managers should investigate Favorable expense variances Requirement 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain The flexible budget variances due to sales volume differences between budget and actual. Differences in sales volume are captured by the The flexible budget variance is due to Requirement 6. Will management place equal weight on each of the variances exceeding $6,000? Explain Management will because Requirement 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. The performance report addresses the perspective of the balanced Scorecard. performance measures tend to be indicators. They typically Requirement 8. Lnt one key performance Indicator for the three other balanced scorecard perspectives. Make sure to indicate which perspective is being addressed by the Indicators you list Complete the following table to identify one key performance Indicator for the three other balanced Scorecard perspectives. Balanced Scorecard Key performance perspective indicator Managers should investigate Favorable expense variances Requirement 5. Is it possible that the variances are due to a highor-than-expected sales volume? Explain. The flexible budget variances due to sales volume differences between budget and actual. Differences in sales volume are captured by the The flexible budget variance is due to Requirement 6. Will management place equal weight on each of the variances exceeding $6,000? Explain. Management will because Requirement 7. Which balanced Scorecard perspective is being addressed through this performance report? In your oppon, is this performance report a le or a lag indicator? Explain The performance report addresses the perspective of the balanced scorecard performance measures tend to Indicators. They typically Requirement 8. List one key performance Indicator for the three other balanced scorecard perspectives. Make sure to indicate which perspective is being addressed by the Indicators you list Complete the following table to identify one way porformance Indicator for the three other balanced Scorecard porspectives Balanced Scorecard Key performance perspective Indicator
