Course Hero X Assignments Do Homework - Chapter M-9 H X Forgot Password - Course Herc X C A mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=642070122&questionld=16&flushed=false&cld=7269176¢erwin=yes * 90 m Update : 23/WI Introduction to Managerial Accounting Ali Hamade 04/12/23 2:12 AM =Homework: Chapter M-9 Homework Question 15, PM9-20A (similar to) HW Score: 66.89%, 16.72 of 25 points Points: 2.75 of 5 Save Part 4 of 9 One subunit of Track Sports Company had the following financial results last month: Question list K (Click the icon to view the financial results.) Read the requirements Question 4 Question 5 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 favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual Flexible Flexible Budget % Variance Question 6 Subunit X Results Budget Variance (F or U) (F or U) Net Sales Revenue $ 475,000 $ 450,000 $ 25,000 F 5.56 F Variable Expenses 266,000 250,000 16,000 U 6.40 % U Question 7 Contribution Margin $ 209,000 $ 200,000 $ 9.000 4,50 E Traceable Fixed Expenses 36,000 30,000 6,000 20.00 U Question 8 Divisional Segment Margin 173,000 $ 170,000 3,000 1.76 % F Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? Question 9 This performance report includes both revenue and cost data ; therefore, this subunit must be a profit center Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances equal to or exceeding $4,000 and exceeding 10% (both criteria must be met)? Question 10 Management should investigate the following: (If an input field is not used in the table, leave the input field empty.) Question 11 X - X Requirements Data table Question 12 Flexible Budget % Variance (F 1. Complete the performance evaluation report for the subunit (round to two Subunit X Actual Results Flexible Budget Variance (F or U) or U) decimal places). Based on the data presented and your knowledge of the company, what type Net Sales Revenue 475,000 $ 450,000 Question 13 Contribution margin of responsibility center is this subunit? Variable Expenses 266,000 250,000 . Which items should be investigated if part of management's decision criteria Net sales revenue is to investigate all variances equal to or exceeding $4,000 and Contribution Margin 209,000 200,000 Traceable Fixed Expenses 36,000 30,000 Question 14 exceeding 10% (both criteria must be met)? Traceable fixed expenses . Should only unfavorable variances be investigated? Explain. $ 173,000 $ 170,000 . Is it possible that the variances are due to a higher-than-expected Divisional Segment Margin Variable expenses sales volume? Explain. Question 15 6. Will management place equal weight on each of the variances exceeding $4,000? Explain. 7. Which balanced scorecard perspective is being addressed through this Print Done Question 16 performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. B. List one key performance indicator for the three other balanced scorecard perspectives. Make sure to indicate which perspective is being addressed by Help me solve this Etext pages Get more help - the indicators you list. Clear all Check