Data table Actual Extreme Subunit X Results Flexible Budget Flexible Budget Variance (F or U) Direct Materials $ 28,500 $ 26,600 Direct Labor 13,100 13,800 Indirect Labor 26,200 22,900 Utilities 12,700 11,800 Depreciation 27,000 27,000 5,100 6,300 Repairs and Maintenance $ 112,600 $ 108,400 Total % Variance (F or U) - One subunit of Extreme Sports Company had the following financial results last month: 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 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 $ 28,500 $ 26,600 Direct Labor 13,100 13,800 Indirect Labor 26,200 22,900 Utilities 12,700 11,800 Depreciation 27,000 27,000 Repairs and Maintenance 5,100 6,300 $ 112,600 $ 108,400 Total % Variance (F or U) % % % % % % Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? (If a box is not used in the table, leave the box empty.) One subunit of Extreme Sports Company had the following financial results last month: Utilities Depreciation Repairs and Maintenance Total % Variance (F or U) % % % % % % 12,700 11,800 27,000 27,000 5,100 6,300 $ 112,600 $ 108,400 Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsibility center is this unit? Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10% ? (If a box is not used in the table, leave the box empty.) Requirement 4. Should only unfavorable variances be investigated? Favorable variances be investigated to