Data table X Actual Flexible Budget % Variance Mountain-Subunit X Results Flexible Budget Variance (F or U) (F or U) Direct Materials $ 29,000 $ 26,900 of the bu brable [U Direct Labor 13,800 14,500 decimal p Indirect Labor 26,800 23,500 Utilities 12, 100 11,300 Depreciation 26,000 26,000 4, 100 5, 100 Repairs and Maintenance $ 111,800 $ 107,300 TotalK One subunit of Mountain 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 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 Mountain - Subunit X Results Budget Variance (F or U) Direct Materials $ 29,000 $ 26,900 Direct Labor 13,800 14,500 Indirect Labor 26,800 23,500 Utilities 12, 100 11,300 Depreciation 26,000 26,000 4, 100 5, 100 Repairs and Maintenance $ 111,800 $ 107,300 Total Clear all Check answerRequirements 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