est Sports Company had the following financal results last month e subunit teakthe icon to view the financial results ) ead the rea Require te the performance evaluation report for this subunit (round to three decimal places) (Enter a vanance for each account and select whe ther the anance is unfavorable (U) or favorable (F). Enter the results as positive numbers. Enter the variance percents as a percentage to three decimal places. xxxxx% Enter the variance perc Contest Sports Company-Team Sports Subunit Monthly Performance Report For the Month Variance Product Actual Budgeted Variance Percentage $ 486,900 $ 450,000 250,000 Sales Less. Variable expenses Contribution margin 259,500 $ 227,400 $ 200,000 50,000 Less Diect ted expenses 31.70 51,750 $ 175,650 $ 150,000 0 75031,250 Segment margin Common fixed expenses S 134,900 $118,750 Operating income Requirement 2. Based on the data presented, what type of responsibility center is thes subunar? This performance report includes I therefore this subunit must be decision criteria is to investigate all variances equal to or exceeding $9.500 and exceeding | the box empty,do not select a label 14% (both criteria must be met), both revenue and cost data, only cost data only revenue data Requirement 4. Should only unfavorable variances be investigated? Explain Managers shoulkd investigate