Kylie Resner vork: Week Seven : Chapter 9: Problems pt 2 of 4 (0 complete) HW Scd similar to) Q Track Sports Company had the following financial results last month: con to view the financial results.) rements 1. nto Data Table Subunit X Flexible Budget Variance (F or U) % Variance (For U) anse Sales Actual Results $ 480,000 $ 263,000 Flexible Budget 452,000 252,000 Mar ced Variable Expenses Contribution Margin Traceable Fixed Expenses gmg 217,000 40.000 200.000 27,000 Divisional Segment Margin $ 177,000 $ 173,000 Print Done any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer 000 DUL F3 F5 F6 F? 9 % 2 of 4 (0 complete) mpany had the following financial results last month inancl * Requirements perfor e perc er the v. $ $ 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 $7,000 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 any variance which exceeds $7,000? Explain. 7. Which balanced Scorecard perspective is being addressed through this performance report? In your opinion, is this performance report a lead or 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 $ Print Done ter any Clear All Chec Homework: Week Seven : Chapter 9: Problems S Score: 0 of 1 pt 2 of 4 (0 complete) HW Score: 0%, 0 of Question Help P24-28A (similar to) 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 and select whether the variance is favorable or unfavorable. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual Flexible Flexible Budget Subunit X Results Budget Variance (For U) Sales $ 480,000 $ 452,000 Variable Expenses 263,000 252,000 Contribution Margin $ 217,000 $ 200,000 Traceable Fixed Expenses 40,000 27,000 $ Divisional Segment Margin 177,000 $ 173,000 Choose from any list or enter any number in the input fields and then click Check Answer. 8 Check Answer parts remaining Clear All
