Financial results One subunit of BlueHill 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 centre is this subunit? 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $3,000 or 10%? 4. Should only unfavourable variances be investigated? Explain. sure to enter in a "0." Label each variance as favourable (F) or unfavourable (U) unless the variance is zero; then do not select a lal Direct materials... Direct Jabour... Indirect labour.... Utilities..... Depreciation BlueHill-Subunit X Actual Flexible Budget Flexible Budget Variance (U or F) % Variance (U or F) Direct materials $ 21,000 $ 20,000 % Direct labour 14,250 15,000 % Indirect labour 30,000 25.000 % Utilities 10,750 10,000 % Depreciation 25,000 25,000 % Repairs and maintenance 4,300 5,000 % $ 105,300 $ 100,000 Total % Flexible Budget Flexible Variance (U % Varianc BlueHill Subunit X Actual Budget or F) $ 21,000 $ 20,000 14,250 15,000 30,000 25,000 10,750 10,000 25,000 25,000 4,300 Repairs and maintenance. 5,000 Total........ $ 105,300 $ 100,000 "Flexible budget variance/Flexible budget Print Done (U or F)