Data Table - X One subunit of Express Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements Subunit X Flexible Budget % Variance (F Variance (For U) or U) Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a X.XX%.) nded to two decimal pla Net Sales Revenue Actual Results Flexible Budget S 476,000 $ 450,000 262,000 255,000 Actual Flexible % Variance Subunit x Results Flexible Budget Variance (For U) 26,000|| F 7,000 Variable Expenses Contribution Margin Traceable Fixed Expenses 214,000 41,000 195,000 29,000 Budget 450,000 255,000 Net Sales Revenue $ 476,000 $ 262.000 (For U) 5.78 % F 2.75 % $ U 173,000 $ 166,000 Divisional Segment Margin Variable Expenses Contribution Margin Traceable Fixed Expenses 19,000 F 9.74 % F $ 214,000 $ 41,000 195.000 29.000 12,000 U 41.38 % U Print Done $ 173,000 $ 166,000 7,000 F 4.22 Divisional Segment Margin % F Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility center is this subunit? 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)? Management should investigate the following: (If an input field is not used in the table, leave the input field empty.) Traceable fixed expenses Choose from any list or enter any number in the input fields and then continue to the next question. One subunit of Express Sports Company had the following financial results last month: 5 Click the icon to view the financial results.) Read the requirements Management should investigate the following: (If an input field is not used in the table, leave the input field empty.) Traceable fixed expenses Requirement 4. Should only unfavorable variances be investigated? Explain. Managers should investigate Favorable expense variances Requirement 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain. The flexible budget variances V due to sales volume differences between budget and actual. Differences in sales volume are captured by the V. The flexible budget variance is due to Requirement 6. Will management place equal weight on each of the variances exceeding $4,000? Explain. Management will V because Requirement 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or a lag indicator? Explain. The performance report addresses the perspective of the balanced Scorecard. performance measures tend to be indicators. They typically Requirement 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. Choose from any list or enter any number in the input fields and then continue to the next