I've included the requirements and data table to help solve the question
In requirement 2 the multiple choice options are: Cost center, investment center, profit center, revenue center
in requirement 3 the multiple choice options are: depreciation, direct labor direct materials, indirect labor, repairs and maintenance, utilities.
In 4, the first box is no or yes, in the second box the options are "should" or "should not".
One subunit of Xtreme 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 this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual Flexible Flexible Budget % Variance Xtreme - Subunit X Results Budget Variance (F or U) (F or U) i Requirements - X i Data Table - X Direct Materials $ 28,700 $ 26,700 % Direct Labor 13,400 14, 100 % Actual Indirect Labor 26,600 23,500 % 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two Flexible Budget % Variance decimal places. Xtreme-Subunit X Results Flexible Budget Variance (F or U) Utilities 12,700 11,600 1% (F or U) 29,000 % 2. Based on the data presented, what type of responsibility center is this subunit? Direct Materials $ 28,700 $ 26,700 Depreciation 29,000 3. Which items should be investigated if part of management's decision criteria is Repairs and Maintenance 4.300 5,200 % to investigate all variances exceeding $2,500 or 10%? Direct Labor 13,400 14, 100 4. Should only unfavorable variances be investigated? Explain. Indirect Labor 26,600 23,500 Total 114,700 $ 110, 100 1% Utilities 12,700 11,600 Requirement 2. Based on the data presented, what type of responsibility center is this subunit? Print Done Depreciation 29,000 29,000 5,200 What type of responsibility center is this unit? Repairs and Maintenance 4.300 Total 114,700 $ 110, 100 Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 or 10%? (If a box is not used in the table, leave the box empty.) Print Done Requirement 4. Should only unfavorable variances be investigated? Favorable variances be investigated toRequirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances exceeding $2,500 0 allocate the favorable variance to the other accounts. find a way to make them closer to the budget. make sure the variance does not happen again. Requirement 4. Should only unfavorable variances t: make sure they will not have a negative impact on future operations. Favorable variances be investigated to
