One stunt of Express Sports Company had the following facial resistant more miche con to view the financiara! Read the courements Requirement 1. Complete the performance evaluation report for the unit (Enter a variance for each account as a perder and we wetter the artance to cron. Enter the variance percent as a percent founded to a decimal place XX) Actual Flexible Flex Budget Varianco Suburi Budget Variance For ) For U) Nat Sales Revenue S450,000 $ 455.000 Variable Expenses 265.000 250.000 15 Corbution Margin 5 215.000 199,000 30 000 20,000 Traceable Fired Expenses $ 170.000 173.000 Division segment Margn Requirement 2. Based on the data presented and your knowledge of the company, what type of responsibility contest? This performance report includes therefore, this subunit must be Requirement 3. Which is should be investigated it part of management's decision criteria is to wastigate al variances equal to recording $5.000 and exceeding 10% other must be net! Management should investigate the following an input felt is not used in the leave the routlwid emots) Choose from any list or enter any number in the input fields and then continue to the next question Nex! Requirement. Should only be varices e meiated? Explain Managers who investigate Favorable experiences Requirements. Is it possible that the variances are due to than expected sales volume? Egan The flexib bugel variance due to as volume ceste Budget and school here in sales volume raped by the The budget de Requirements wil management equal weight on each of the varices exceeding 5.0007 Explain Management wil because Requirement 7. Which balanced Scorecard perspective is being addressed through this performance 2017 your opinion to performance report and ora lag die plan The performance report addresses the perspective of the halanced Scorecard performance measures tend to be Indicators. They typically Requirements. Listone way performance Indicator other balanced Scorecard predives Make sure to indicate which perspective is being addressed by the Indicators you Complete the following able to identity na kayormance Indicator for the weather balanced Scorecard penes Balanced Scorecard Key performance perspective indicat Choose from any list of enter any number in the input fields and then continue to the next Question as bo Data Table are dud Flexible Budget % Variance (F Variance (F or U) or U) Subunit X les vo Net Sales Revenue Variable Expenses Contribution Margin Traceable Fixed Expenses eight Actual Results Flexible Budget $ 480,000 $ 455,000 265,000 256,000 215,000 199,000 36,000 26,000 $ 179,000 $ 173,000 Divisional Segment Margin pective cor for Print Done erford Key pl indicator e input fields and then continue to the next question. Requirements nted? E gher-the erence 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 $5,000 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. Will management place equal weight on each of the variances exceeding $5,000? 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. of the v 6. r? Explain. addre prs. They typic erspect Hicators you li e other dicator ance Print Done