Dashboard X Assignments P Do Homework - Chapter M-9 - X C A mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=642070122&questionld=13&flushed=false&cld=7269176¢erwin=yes * 0 m Update : 23/WI Introduction to Managerial Accounting Ali Hamade 04/12/23 5:07 AM Homework: Chapter M-9 Homework Question 15, PM9-20A (similar to) HW Score: 72.85%, 18.21 of 25 points Save Part 4 of 9 Points: 2.75 of 5 Question list K One subunit of Track Sports Company had the following financial results last month: (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 266,00 250,000 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 6,00 20.00 % U Question 8 3,000 1.76 Divisional Segment Margin 173,000 $ 170,000 F % 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 Requirements Data table Question 12 1. Complete the performance evaluation report for the subunit (round to two decimal places). Flexible Budget % Variance Subunit X Actual Results Flexible Budget Variance (F or U) 2. Based on the data presented and your knowledge of the company, what type or U) Question 13 Contribution margin of responsibility center is this subunit? Net Sales Revenue $ 475,000 $ 450,000 3. Which items should be investigated if part of management's decision criteria Variable Expenses 266,000 250,000 Net sales revenue is to investigate all variances equal to or exceeding $4,000 and exceeding 10% (both criteria must be met)? Contribution Margin 209,000 200,000 Question 14 Traceable fixed expenses 4. Should only unfavorable variances be investigated? Explain. Traceable Fixed Expenses 36,000 30,000 5. Is it possible that the variances are due to a higher-than-expected $ 173,000 $ Variable expense sales volume? Explain. 70,000 Divisional Segment Margin 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 performance report? In your opinion, is this performance report a lead or a Question 16 lag indicator? Explain. Print Done 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. Help me solve this Etext pages Get more help - Clear all Check