i Requirements 1. Complete the performance evaluation report for the subunit (round to two decimal places) 2. Based on the data presented and your knowledge of the company, 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 equal to or exceeding $8,000 and exceeding 10% (both criteria must be met)? 4. Should only unfavorable variances be investigated? Explain. 5. Is it possible that the variances are due to a higher-than-expected sales volume? Explain 6. Will management place equal weight on each of the variances exceeding $8,000? Explain 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 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 8. Print Done swer Clear All unit (Enter a variance for each account as a positive number and select whether the variance is favorable or unfavorable. Enter i Data Table - % Variance Subunit X Flexible Budget Variance (For U) Actual Results (For U) Net Sales Revenue $ 476,000 $ 261,000 Flexible Budget 451,000 251,000 Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin 215,000 40.000 200,000 26.000 175,000 $ 174.000 Print Done en click Check Answer Clear A unit (Enter a variance for each account as a positive number and select whether the variance is favorable or unfavorable. Enter i Data Table - % Variance Subunit X Flexible Budget Variance (For U) Actual Results (For U) Net Sales Revenue $ 476,000 $ 261,000 Flexible Budget 451,000 251,000 Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin 215,000 40.000 200,000 26.000 175,000 $ 174.000 Print Done en click Check Answer Clear A P24-20A (book/static) 8 of 10 One subunit of Racer Sports Company had the following financial results last month (Click the icon to view the financial results) Read the camurements Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number a XXX%) Actual Flexible Flexible Budget % Variance Subunit X Results Budget Variance (E or U) (F or U) Net Sales Revenue $ 476,000 $ 451.000 $ 25,000 F % Variable Expenses 261,000 251,000 10.000 U % Contribution Margin $ 215,000 $ 200.000 S 15.000 F % Traceable Fixed Expenses 40,000 26,000 14.000 U % 5 175 000 $ 174 000 $ 1,000 Divisional Segment Margin F