E10-18A (similar to) Question Help One subunit of Event Sports Manufacturing Company had the following financial results last month Click the icon to view the financial results.) Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding 53.400 or 1152 4. Should only unfavorable variances be investigated? Explain Requirement 1. Complete the performance evaluation report for this subunit (Enter the variances as positive numbers. Round the variance percentages to the nearest hundredth percent, XXX%. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Variance (U or F) Product Direct materials Direct labor Indirect labor Actual Budgeted 13,400 $ 12,500 18,940 20.000 35 220 30,000 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check Answer Event Sports Manufacturing Company-Surfing Accessories Subunit Momshly Performance Report For the Month Variance Percentage Product Actual Budgeted Variance * Direct materials $ 13,400 $ 12,500 Direct labor 18,940 20,000 Indirect labor 35,220 30,000 Utilities 9,555 8,750 Depreciation 26,125 26,125 Repairs and maintenance 8,430 10,000 Total $ 111,670 $ 107,375 "Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Print Done Requirements 1. Complete the performance evaluation report for this subunit. 2. Based on the data presented, what type of responsibility center is the subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances 4. Should only unfavorable variances be investigated? Explain. variance Product Actual Budgeted (U or F) Direct materials 13,400 $ 12,500 Direct labor 18.640 20,000 Indirect labor 35,220 30,000 Utilities 9,555 8,750 Depreciation 26,125 26,125 Repairs and maintenance 8,430 10,000 $ 111,670 $ 107,375 Total Choose from any list or enter any number in the input fields and then click Check Answer 4 parts remaining Clear All