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Favorable variances be investigated to Requirement 3. Which items should be investigated if part of management's decision criteria is to investigate all variances variances be investigated? estigated to One subunit of Awesome Sports Cocnpany had the following finandal results last month: Resd the mavirements Requirement 1. Complete the performance evaluation report for thin subunit. Enter the variance percent as a percentage of the budpeted amount rounded to two places. (Enter a variar in tavorable (F) or unfavorabie fU]. For acy zero variances, enter a o in the varance column and then leave the F or U bex Blank. Enter the variance percant as a percentage rounded to What type of responsibility center is this unit? Requirement 3. Which items should be invest ; decision criteria is to investigate all v Requirement 2. Based on the data presented, what type of responsibility center is this subunit? What type of responsiblity canter is this unin? Requirement 3. Which items shoula be investigatod if part of management's decision criteria is to investigate all variances excending $2,500 or 10% ? (If a bex Requirement A. Should only unfavorable variances be investigated? Faverable variancen be investigatod to Data table pe investigated 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. prable variances t: make sure they will not have a negative impact on future operations. e investigated to nly unfavorable variances be investigated? be investigated to Yes No