Ich account as a positive number and si X.XX%) 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 $9,000 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 $9,000? 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. 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. - X Data table Subunit X Flexible Budget % Variance Actual Results Flexible Budget Variance (F or U) (F or U) $ 474,000 S 453,000 260.000 254,000 Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses Divisional Segment Margin 214,000 40,000 199,000 27,000 $ 174,000 $ 172,000 Print Done One subunit of Track Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements Requirement 1. Complete the performance evaluation report for the subunit. (Enter a variance for each account as a positive number and see favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%) Flexible Budget Variance (For U) Subunit X Net Sales Revenue Actual Flexible Results Budget $ 474,000 $ 453,000 260,000 254.000 Variable Expenses Contribution Margin Traceable Fixed Expenses $ 214,000 $ 40,000 199,000 27,000 172.000 $ 174,000 $ Divisional Segment Margin