(Click the icon to view the financial results.) Read the requirements Requirement 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the For U box blank. Enter the variance percent as a percentage rounded to two decimal places, XXX%) Pike-Subunit X Actual Results Flexible Budget Flexible Budget Variance (F or U) Direct Materials $ 29,100 $ 27,200 Direct Labor 13,600 14,400 Indirect Labor 26,500 23,400 Ublites 12,500 11,400 Depreciation 29,000 29,000 Repairs and Maintenance 4,000 4,700 $ 114,700 $ 110,100 Total Data table Pike-Subunit X Direct Materials Direct Labor Indirect Labor Actual Flexible Budget Results Flexible Budget Variance (F or U) $ 29,100 $1 % Variance (For U) 27,200 13,600 14,400 26,500 23,400 Utilities 12,500 11,400 Depreciation 29,000 29,000 4,000 4,700 Repairs and Maintenance Total $ 114,700 $ 110,100 Requirements 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two decimal places. 2. Based on the data presented, what type of responsibility center is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? 4. Should only unfavorable variances be investigated? Explain - X