lo not select a label.) Depreciation Direct labor Direct materials Indirect labor Repairs and maintenance Utilities *Be sure to indicate whether each variance is favorable (F) or unfavorable (U). One subunit of Event Sports Manufacturing 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 center is the subunit? 3. Which items should be investigated if part of the management's decision criteria is to investigate all variances exceeding $2,900 or 10% ? 4. Should only unfavorable variances be investigated? Explain