Cost allocation and Responsibility accounting

Question Help One subunit of Extreme Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements, Requirement 1. Complete the performance evaluation report for this subunit. (Enter a variance for each account 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 F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, XXX.) Actual Flexible Flexible Budget Extreme - Subunit X Results Budget Variance (F or U) Direct Materials 28,000 S 26,000 Direct Labor 13,100 13,900 Indirect Labor 26,000 22,500 i Data Table Utilities 12,000 11,100 Depreciation 29,000 29,000 Repairs and Maintenance 4,600 5.600 Actual Flexible Budget % Variance Total 112,700 $ 108,100 Extreme-Subunit X Results Flexible Budget Variance (F or U) (F or U) Direct Materials 28,000 26,000 Requirements X Direct Labor 13,100 13,900 Indirect Labor 26,000 22.500 Utilities 12,000 11,100 1. Complete the performance evaluation report for this subunit. Enter the Depreciation 29,000 29,000 variance percent as a percentage rounded to two decimal places. Repairs and Maintenance 4.600 5.600 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 Total 112,700 $ 108,100 to investigate all variances exceeding $2,500 or 10%? 4. Should only unfavorable variances be investigated? Explain. Print Done Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? Clear All Check Answer 5 parts remaining